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EURUSD Price Action Hints at Aggressive Trend This Year
EURUSD is holding below 1.0725 on the weekly time frame, but a much greater opportunity will materialize later this year. Watch today’s video for the details, including key levels and targets, and get the latest on the DXY. EURUSD has started the week sideways but remains below 1.0725 on a weekly closing basis. That’s the key to determining the next likely move for the euro. We discussed the importance of analyzing 1.0725 on the weekly chart in the last Weekly Forex Forecast video. As long as the EURUSD remains below 1.0725 on the weekly time frame, the level is intact as resistance. However, shorting the euro ... (full story)