long eurusd
he price perfectly fulfilled my last idea. It played out nicely; it hit the targeted level.
EURUSD
has rebounded off the crucial psychological support level at 1.08000, and it appears to be forming a bullish flag pattern. A breakout of this pattern could lead to a further upward momentum. On the daily timeframe, we see a strong bullish candle, which shows the bullish sentiment. On the 4H timeframe, the trend remains bullish, and a breakout above the resistance level at 1.08600 could trigger a significant influx of buy orders. Meanwhile, the
DXY
has also bounced off the strong resistance zone at 105.00, an area that has been respected multiple times before. Overall, I anticipate a break above and close above the flag pattern, followed by a potential upward move if the price action continues to stay within its upward channel. My goal is the resistance at 1.09280
EURUSD
has rebounded off the crucial psychological support level at 1.08000, and it appears to be forming a bullish flag pattern. A breakout of this pattern could lead to a further upward momentum. On the daily timeframe, we see a strong bullish candle, which shows the bullish sentiment. On the 4H timeframe, the trend remains bullish, and a breakout above the resistance level at 1.08600 could trigger a significant influx of buy orders. Meanwhile, the
DXY
has also bounced off the strong resistance zone at 105.00, an area that has been respected multiple times before. Overall, I anticipate a break above and close above the flag pattern, followed by a potential upward move if the price action continues to stay within its upward channel. My goal is the resistance at 1.09280
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.