Lingrid | EURUSD support LEVEL Long TRADE Potential for FX:EURUSD by Lingrid

Lingrid | EURUSD support LEVEL Long TRADE Potential

market has gained bullish momentum. It formed a large bullish candle on the weekly chart that closed above the previous week's high. The price appears to have completed an ABCD pattern, which often precedes a pullback. Consequently, a price dip below Friday's low and potential retest of the previous week high is anticipated. If the price finds support in this area, I think it may continue its upward trajectory, targeting the liquidity zone above the prior resistance. I expect the price move higher considering that is pushing lower. My goal is resistance zone around 1.05650

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Lingrid

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