Look like EURUSD is preparing for a breakout
The two horizontal lines are Fibo 23 and 38 levels. for now, EUR has made a breakout from the wedge which could potentially signal a bullish movement.
I believe if the movement takes shape first target would be 1.17564 area
I believe if the movement takes shape first target would be 1.17564 area
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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.