EURUSD looks like more upside next week

2019-11-04 01:23:19

After hitting our significant higher time frame level and forming an ugly double bottom at 1.09058, we have rallied up to 1.11813 (purple level).

Next week I expect price to eventually break this purple level, as it is our second attempt and there is still bullish momentum present. A pop to the 1.12155 area should present some shorting opportunities in the intra-day time frames.