EURUSD: One More Breakout Trade
The 📈EURUSD pair recently broke through a key horizontal resistance level on both daily/intraday charts.
On retesting this level, a cup and handle pattern was formed, indicating a potential bullish trend.
The breakout of the neckline of this pattern is a strong signal for further upward movement.
I anticipate that the price will continue to rise today and potentially reach a minimum of 1.0440.
On retesting this level, a cup and handle pattern was formed, indicating a potential bullish trend.
The breakout of the neckline of this pattern is a strong signal for further upward movement.
I anticipate that the price will continue to rise today and potentially reach a minimum of 1.0440.
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Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.