Image Source: PixabayThis 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: 00:12:00More By This Author:USDX Weekly Technical Analysis – Oct. 28, 2023
GBPUSD Analysis Today & GBPUSD Week Ahead Forecast – Oct. 28, 2023
EURUSD Analysis Today And EURUSD Week Ahead Forecast – Oct. 28, 2023
