EURUSD Further Up Trend potential
Updated
EURUSD has been in a bullish trend, and the recent impulse move down, followed by a pullback that took out liquidity below the 1.1100 support level, could signal the end of a correction. This behaviour is typical in bullish markets, where price pulls back to gather liquidity before resuming the upward trend. Given the overall bullish sentiment, there is a strong potential for a continuation of the trend.
With strong bullish momentum, the market may be set to break through last month's high. The target is the resistance zone around 1.12000
With strong bullish momentum, the market may be set to break through last month's high. The target is the resistance zone around 1.12000
Trade closed: target reached
EURUSD Target hit after some delay!
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