GKT - EURUSD Daily Chart Analysis

https://www.getknowtrading.com/eurusd-forecast-1-04700-retrace-target/

The price made a breakout on Wednesday after testing the $1.05825 resistance three times.

Price stopped and made a retrace above $1.04000 on Friday which we can add to Friday exit where traders cash out after a strong move and get out from trades before the weekend.

We can expect price moving higher close to $1.05000 resistance level and from there look for bearish price action signals.

Now is the time to wait for the retrace to higher levels and from there look for a sell signal.
EURUSD Daily Forecast 14_5_2022