Euro / U.S. Dollar
Updated

Bullish Breakout in EUR/USD: Key Levels to Watch This Week

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Hi everyone,

EUR/USD had a strong week, climbing higher from the May 12 low and further reinforcing our view of a potential long-term bullish trend.

We anticipate further upside towards the 1.13768–1.13940 zone, followed by a possible pullback toward the 1.1200 area. We’ll share more updates on the expected path for EUR/USD if and when price reaches that zone.

The longer-term outlook remains bullish, and we expect the rally to extend towards the 1.2000 level, as long as price holds above the 1.10649 support.

We’ll be keeping you updated throughout the week with how we’re managing our active ideas. Thanks again for all the likes/boosts, comments and follows — we appreciate the support!

All the best for the week ahead. Trade safe.

BluetonaFX
Trade active
EUR/USD has followed the projected path. Where is it heading now? Drop me a comment below and I'll post an update!

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