EURUSD continues to respect bullish market structure, consistently forming higher highs and higher lows on the daily chart.
We recently saw a clean retest and rejection of 1.12372, and if you entered there, you're currently sitting on a +100 pip move.
We're now watching for continued bullish pressure and looking for:
🟢 Buys:
Pullbacks to 1.12372 (support holds = re-entry opportunity)
Clean break and retest of 1.14149 → targeting a move back to previous highs and then a potential higher high beyond that
🎯 Upside Target:
→ 1.14149 for an additional 170 pips from support entries
Price action remains bullish as long as 1.12372 holds. A break of that level would require a reassessment.
We recently saw a clean retest and rejection of 1.12372, and if you entered there, you're currently sitting on a +100 pip move.
We're now watching for continued bullish pressure and looking for:
🟢 Buys:
Pullbacks to 1.12372 (support holds = re-entry opportunity)
Clean break and retest of 1.14149 → targeting a move back to previous highs and then a potential higher high beyond that
🎯 Upside Target:
→ 1.14149 for an additional 170 pips from support entries
Price action remains bullish as long as 1.12372 holds. A break of that level would require a reassessment.
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.
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.