EURUSD: Detailed Analysis & Outlook For Next Week 🇪🇺🇺🇸

15 maj 2021

EURUSD is very close to a major resistance cluster.
1.2185 - 1.2245 is a historic supply zone .
Chances will be high to see a pullback from that zone.

To catch it wisely, pay close attention to a rising wedge pattern.
As a confirmation, we need its bearish breakout - a daily candle close below its support.
Then chances will be high to see a bearish continuation all the way down to 1.2 level.

In case if the price violates the underlined area to the upside,
bullish continuation will be expected to 1.234

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