Weekly Market Analysis: EUR/USD

Happy New Year, traders,

We are back from the holidays. Hope your holidays were restful and filled with fun?

Let’s hit them charts:

 

1. EUR/USD

EUR/USD was not just bearish in the entire month of December, but it also broke a key support zone last week where I sold from

This week we are most likely going to see more sellers jump into EUR/USD, and if this setup plays out, price may hit NPSL before the week runs out.

Other charts are pretty messy, so I will not be analysing them. Hopefully during the week some setups do align and give us good trading opportunities

 

Note:

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