EURUSD is above the 100 Hour EMA in the hourly chart. As the uptrend is unbroken, the bullish may continue till price reaches 1.18.
The rectangular area that I have highlighted in my chart could be a potential Buy Zone.
However, if price breaks this area, then we can say that the uptrend has been broken.
The rectangular area that I have highlighted in my chart could be a potential Buy Zone.
However, if price breaks this area, then we can say that the uptrend has been broken.
Note
As expected, EURUSD went up to 1.18
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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.