Euro / U.S. Dollar
Updated

EUR/USD Analysis: Waiting for Breakout Signals

178


Dear Traders,

Let's keep it simple with EUR/USD:

We're holding off on major decisions until we witness a breakout.
If the price surpasses the trendline, it signals potential bullish momentum.
Conversely, if it drops below 1.08, we anticipate a continuation of the bearish trend.
Until then, we're limiting ourselves to low-volume trades as per our strategy.
We'll stay connected and closely monitor developments, especially on lower timeframes.
Keep in touch for further updates.

Best regards,
Note
We're still waiting for a breakout!
Note
don't hurry
Note
Yesterday, I've asked for patience. As you see the breakout was fake!

snapshot

Wait for a reversal, enter and wish luck!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.