Weekly Forex Forecast for November 2 – 6, 2020
From dailypriceaction.com
In this weekly Forex forecast, I’m going to show you exactly how I’m trading EURUSD, GBPUSD, AUDUSD, XAUUSD, and ETHBTC through November 6, 2020. EURUSD sold off aggressively last week after failing to test the 1.1950 region. This was always a possibility while trading in this range. I’ve also thought that a move toward 1.1450 was likely, as I’ve mentioned in recent weekly forecasts. So for now, that’s the narrative I’m going to go with. A break below 1.1615 would expose 1.1450, which agrees with the September bearish engulfing month. The 1.1450 region is also a confluence of support that could send EURUSD higher. ...
(full story)