how about a change of pace , lets analyse today EURUSD in the next year , whats the probable outlook :
1- price is sitting on a major support zone on the weekly chart
2- divergence RSI on the weekly chart and RSI also showing the currency is oversold
3-great PA on support , an engulfing candle showing that buyers are stronger then sellers ( wait for fridays close when the weekly candle closes )
I see eurusd will be going up and break the 1.15 level ( psychological level) , after some resistance on that important level , i see it reach it 1.18 , 1.20 . the only question left to ask is WHEN ?
1- price is sitting on a major support zone on the weekly chart
2- divergence RSI on the weekly chart and RSI also showing the currency is oversold
3-great PA on support , an engulfing candle showing that buyers are stronger then sellers ( wait for fridays close when the weekly candle closes )
I see eurusd will be going up and break the 1.15 level ( psychological level) , after some resistance on that important level , i see it reach it 1.18 , 1.20 . the only question left to ask is WHEN ?