Euro / U.S. Dollar
Long

EURUSD ! False breakout of range support. Growing up

596
EURUSD has previously tested a strong liquidity zone behind support and is forming a strong upward impulse, which breaks the downward price channel and forms a local uptrend. The price is currently trading in the range between 1.0765 - 1.0655.

The price makes a false breakout of support (support zones) and returns to the range. Consolidation is forming above support.

I expect the price to rise after fixing above the lower border of the flat. Short-term target - resistance 1.0765

Sincerely, R. Linda!

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