EURUSD Long

Updated
After breaking bullishly the bearish channel, the EUR gains new strength against the USD and new levels are expected.

1.19900 is a strong resistance, however by breaking this line the expectation is to reach 1.22400

Note
a retracement to 1.11860 is possible by breaking low at 1.19600
Note
1.22432 its a strong resistance, but after a retracement this level will be breakout until 1.27000/1.28000
Trend Analysis

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