Eurusd next week movement

Forecast Based on the Chart Analysis (EUR/USD 1H Timeframe)

1. Resistance Zone: Around 1.08332
2. Support Zone: Around 1.06482
3. Current Price: 1.08191

Potential Movement Scenarios

Bearish Scenario (Likely Based on the Analysis)

The price is testing a resistance area and struggling to break higher.

If rejection happens at this level, a downward move toward 1.06482 support is likely.

The bearish confirmation would be if the price breaks below the support area at 1.07800-1.07900, which may lead to a further drop.

The target level for the drop is around 1.06482 (previous strong support).

Bullish Scenario (Less Likely but Possible)

If 1.08332 resistance is broken, buyers may step in, pushing the price higher.

A break above 1.08500 could indicate a trend continuation to the upside, targeting 1.09000+ levels.

Final Conclusion:

Based on the chart structure and resistance rejection, the bearish scenario is more likely.
Watch for confirmation by a strong rejection candle or a break below 1.07800-1.07900 for further downside.