FFP Weekly Projection (11/1/2020 – 11/7/2020) 💱

See which currency pairs we look forward to trading, this week, at Forex Free Press!

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EURUSD: FFP Weekly Projection
EURUSD (4h)

⬇️ EURUSD has been heading downward since October 21, 2020.
⬇️ Price broke past, and retested on, the ~1.16864-1.17136 zone, providing strong evidence that we may be witnessing a (at least a small) reversal.

We believe that price will drop down to the ~1.16127 zone. We will be SELLING down to that point.

CHFJPY: FFP Weekly Projection
CHFJPY (4h)

⬇️ CHFJPY has been heading downward, overall, since August 27, 2020.
⬇️ Price broke past, and retested on, the ~114.846 zone after big retracement, confirming the theory that we may be witnessing a downtrend.

We believe that price will drop down to the ~113.817 zone. We will be SELLING down to that point.

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