EURUSD: Another Breakout Trade Opportunity
The 📈EURUSD pair recently surpassed a key horizontal resistance level on both the daily and intraday charts.
Upon retesting this level, a cup and handle pattern emerged, signaling a potential bullish continuation.
A breakout above the pattern’s neckline serves as a strong confirmation for further upward momentum.
I expect the price to continue rising today, with a potential target of at least 1.0440.
Upon retesting this level, a cup and handle pattern emerged, signaling a potential bullish continuation.
A breakout above the pattern’s neckline serves as a strong confirmation for further upward momentum.
I expect the price to continue rising today, with a potential target of at least 1.0440.
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.
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.