EURUSD: An opportunity to continue rising
Updated
Like most currencies, the euro has benefited from the great weakness that has caught up with the dollar, and was able to gain new points, and continued its rise to the top.
Technically, the pair was able to close on the wedge pattern and achieved the first target, as we indicated in previous analysis. Currently, we are waiting for the price to breach 1.2026 and thus an opportunity to buy again, and the target is the strong supply area at 1.23.
Technically, the pair was able to close on the wedge pattern and achieved the first target, as we indicated in previous analysis. Currently, we are waiting for the price to breach 1.2026 and thus an opportunity to buy again, and the target is the strong supply area at 1.23.
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The buying scenario achieves the first target, a stop loss upon entry and a wait for the targets
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