EURUSD Analysis Today & EURUSD Week Ahead - November 4, 2023

This week EURUSD has found enough strength to make a bullish breakout above 1.05825. The price has broken above 1.05825 and 1.06736 resistance levels and it is heading to 1.07825.

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This week EURUSD has found enough strength to make a bullish breakout above 1.05825. 

The price has broken above 1.05825 and 1.06736 resistance levels and it is heading to 1.07825.

For a valid breakout, I would like to see a confirmation and that is the price returning to 1.06736 and validating it as a support.

As it looks now the price has gone out of the bearish momentum.

Video Length: 00:12:00


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