Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
EURUSD, QUICK UPDATE FOR EURUSD
As we mentioned in the previous analysis for EURUSD, we are still overall bullish trading inside this channel
And as we clearly see price kept moving as we would like to see, so the price is now around the rising trendline.
where we will be looking for new longs as well
So for the bulls to kick in we need a break above the marked swing high then a movement higher would be expected
1-2 Risk to reward ration from a risk management perspective.
Until that price can still trade low and lower till the next support zone and demand area.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!