Euro / U.S. Dollar
Long
Updated

EUR/USD Breaks Resistance – Bullish Momentum or Pullback Ahead?

93
what are your ideas on EURUSD?
The EURO/USD pair breaks a resistance level after touching the bottom of the ascending channel,increasing the probability of a new bullish wave.
AS THE RESISTANCE IS BROKEN NOW THE NEXT target will be the top of the channel .
Here we have two points to watch on
  • A bullish continuation is likely if price holds above the resistance.

  • A rejection from the 200 EMA could lead to consolidation or a pullback before another attempt higher.

what do you think will EUR/USD sustain the support and be on bullish movement ?
Trade closed: target reached
EUR/USD Breaks Resistance – Bullish Momentum or Pullback Ahead?

target achived successfully. watch the market went as i sugested

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