Euro / U.S. Dollar
Long
Updated

Lingrid | EURUSD potential BULLISH TRADE from the SUPPORT zone

EURUSD market made an upward impulse during the London session, as the DXY dropped and created a significant gap. On the daily timeframe, the price formed a strong bullish candle, moving above last week's high. It also pushed higher above the swap zone around 1.03400. Looking left, we can see that the price has respected this level multiple times and there is chance that price will rebound from this zone again. I anticipate a bounce off this support level if we see a rejection. My goal is resistance zone around 1.04085


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Trade closed: target reached

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