EURUSD : Higher chance of bullish continuation
Updated
EURUSD had a really nice breakout yesterday, Last 3D Candle closed green with a high volume after yesterday's breakout.
EURUSD also made a Higher LOW on Daily and 3D Timeframe - which is bullish, and a sign of an uptrend.
EURUSD is now trading between 21MA and 50MA on 3D Timeframe.
21 MA should act as support for bullish continuation.
MACD is also showing a Bullish sign, and it had a bullish crossover recently.
I am expecting EURUSD to find support above 1.0400 and should continue the rally for the next few days/weeks.
Trade Signal:
Direction: LONG
Entries: 1.0300-1.0500
Exit: 1.11-1.115
STOP: 1.00
EURUSD also made a Higher LOW on Daily and 3D Timeframe - which is bullish, and a sign of an uptrend.
EURUSD is now trading between 21MA and 50MA on 3D Timeframe.
21 MA should act as support for bullish continuation.
MACD is also showing a Bullish sign, and it had a bullish crossover recently.
I am expecting EURUSD to find support above 1.0400 and should continue the rally for the next few days/weeks.
Trade Signal:
Direction: LONG
Entries: 1.0300-1.0500
Exit: 1.11-1.115
STOP: 1.00
Trade closed: target reached
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