EURUSD At The End Of The Correction Phase

As you see we have a uptrend and price was in the correction phase for the past few days. There is a higher high and lower low. MACD shows a positive hidden divergence which means there is more upside pressure. Price is on the bullish trend line, got rejected by the support level and it is a good point to enter long. I expect a rise in this pair for the future.

Commentaire:

Price approached to the outer trend line: