Alright folks, we’ve seen the Euro-Dollar pair make a mighty surge upwards at Weekly time frame, but it’s taken a step back with a correction lately. Fear not, as it’s currently being propped up by the trusty ol’ middle band of Bollinger 20. This is the perfect opportunity to pounce aggressively and anticipate a further surge upwards, which could pave the way for the first bullish trend in the weekly chart , 400 PIPS move.
Once that happens, we’re looking at a bullish period ahead for the Euro-Dollar, so get ready to ride that wave!
Bearish Momentum in EUR/CHF Weekly Analysis
September 19, 2023
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