Greetings.
A lot of ups and downs in the EUR/USD and we hope everyone is in profit!
So, what’s coming up next for the EUR/USD? Referring to our hourly chart, after a sharp increase like the one we recently saw, look for a potentially slow and steady decline from the recent high. However, don’t be fooled - it appeas we are still in an uptrend so you should analyze the shorter time frames to find your entry price.
Look for the pair to potentially test the trend line drawn in. Again, this is not going to happen overnight so we’ll watch it as it unfolds next week.
If we don’t see you before the weekend, we hope everyone has a happy and safe weekend.
Cheers.
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