Euro / U.S. Dollar
Long
Updated

EurUsd - This is the deadly breakout!

1 258
EurUsd - EURUSD - is about to fly:
snapshot
(click chart above to see the in depth analysis👆🏻)

EurUsd has been rallying about +15% over the past couple of months. Additionally the breakout at the current resistance trendline is about to be confirmed. Subsequently EurUsd is setting up for another major move higher, which will be painful for all European traders.


Levels to watch: $1.23, $1.11

Keep your long term vision🙏🙏
Philip (BasicTrading)
Trade active
🐂EurUsd (EURUSD) will simply rally more:
snapshot

🔎Analysis summary:
Last month EurUsd has been rallying another +4%, perfectly breaking key structure. If EurUsd therefore manages to confirm the overall bullish breakout, it will most likely retest the next resistance. It all comes down to this very month.

📝Levels to watch:
$1.23, $1.11

🙏🏻#LONGTERMVISION
Philip - Swing Trader
Trade closed: target reached
🐂EurUsd (EURUSD) still remains strong:
snapshot

🔎Analysis summary:
After last month we saw the breakout above a major trendline, EurUsd clearly shifted its trend. The multi-year downtrend seems to be over and EurUsd is heading for at least another rally of about +5%. The breakout is about to be confirmed.

📝Levels to watch:
$1.23, $1.11

🙏🏻#LONGTERMVISION
Philip - Swing Trader

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