If the low 1.38XX region holds, then the breakout may be 'real' provided price manages to break and hold above the 1.4000 level. If it holds, this would be a nice opportunity for a possible long as well. Stops would be placed below the red trend line.
NOTE: If this idea 'unfolds' and ends up being true, it will void my other analysis regarding EUR/USD short from mid 1.39XX region
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.