EUR/USD Technical Analysis for the week of April 16, 2018

The EUR/USD pair has initially tried to break out to the upside but turned around to form a bit of a shooting star for the week. However, there is also a hammer from the previous week, and of course the uptrend line that you see on the chart. Because of this, I think that the market is going to continue to be very noisy, but I think the next week could be the deciding factor as to where we go next.

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