The market structure is showing a strong bullish momentum, breaking previous resistance levels and forming higher highs and higher lows.
🔹 Key Highlights:
Downtrend broken with clear bullish dominance.
Price respecting demand zones with impulsive pushes upwards.
Potential retracement expected to the marked zone before continuation to the next resistance area near 1.0580.
📈 Bias: Bullish.
What are your thoughts on this setup? Let me know below! 👇
#ForexTrading #EURUSD #TechnicalAnalysis #TradingSetups #PriceAction #ForexTrader
🔹 Key Highlights:
Downtrend broken with clear bullish dominance.
Price respecting demand zones with impulsive pushes upwards.
Potential retracement expected to the marked zone before continuation to the next resistance area near 1.0580.
📈 Bias: Bullish.
What are your thoughts on this setup? Let me know below! 👇
#ForexTrading #EURUSD #TechnicalAnalysis #TradingSetups #PriceAction #ForexTrader
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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.