MerlionFX | EURUSD breakout!

Updated
EURUSD has broken out of it's downtrend. in the higher timeframes, EURUSD is trading in an uptrend. I will be expecting the prices to retest the broken structure next week before making a move higher, this insight is further supported by the RSI which is overbought. Targets marked in the chart, let's see how this plays out...
Trade closed: stop reached
Multiple Time Frame AnalysisParallel ChannelTrend Analysis

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