EURUSD: Bullish Accumulation & Structure on Focus 🇪🇺🇺🇸

snapshot

Hey traders,

It looks like EURUSD is forming a classic bullish accumulation pattern:
the price has recently set a higher low and now it looks like it sets an equal high.
I believe that soon we may see a breakout attempt.

Watch carefully 1.11 - 1.116 supply area.
If the price breaks that to the upside I will expect a bullish movement to 1.126 structure.

If you are bearish biased wait for a bearish breakout of a rising trend line,
that will trigger a bearish continuation.

Good luck!

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dollareuroEURUSDForexSupply and DemandTechnical AnalysistradingTrend LinesTriangleDJ FXCM Index

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