EURUSD - Weekly Forecast 15th - 19th April
EURUSD started off last week with a strong bullish candle that broke above a 1-week range.
On the 3rd day, it retested the range but buyers are strong enough to hold off the sellers thus leaving a long lower shadow.
on the 4th day, the price attempts to fall again but it was obviously one without commitment.
The buyers came in strong as sellers are worn off and the price closed higher with a strong bullish candle.
Therefore, we are strongly expecting EURUSD to continue its bullish trend and thus we will be waiting for levels to long along the way.
On the 3rd day, it retested the range but buyers are strong enough to hold off the sellers thus leaving a long lower shadow.
on the 4th day, the price attempts to fall again but it was obviously one without commitment.
The buyers came in strong as sellers are worn off and the price closed higher with a strong bullish candle.
Therefore, we are strongly expecting EURUSD to continue its bullish trend and thus we will be waiting for levels to long along the way.
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