26 November 2021, EUR/USD
Last week EUR went down with a big red candle same as this week it has been declining further and expect it to close bearish. Next week I expect possible bullish movements to the zone 1.1511-1.1469 followed by a rejection it. However, I would advise that you wait for a second retracement to the same zone then sell this pair within it with your take profit at 1.0813 and stop loss at 1.1754. In case of a clear penetration below the key level 1.0813 with a big red candle, you can anticipate a further surge to the lower side. On the other hand if price is not sustained below the zone mentioned above bullish movements of price can be expected.
Wait for a correction to the zone 1.1511-1.1469 to sell EUR.