EURUSD broke out and is targeting the 4hour MA200.
EURUSD confirmed a bullish break out after crossing over the 4hour MA50.
The emerging Channel Up turned the MA50 into the Support that is expected to extend the bullish trend.
The last time this happened was on October 29th and the uptrend extended all the way near the 4hour MA200 and hit the 2.0 Fib.
The RSI fractals are identical.
Buy and target 1.06700.
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The emerging Channel Up turned the MA50 into the Support that is expected to extend the bullish trend.
The last time this happened was on October 29th and the uptrend extended all the way near the 4hour MA200 and hit the 2.0 Fib.
The RSI fractals are identical.
Buy and target 1.06700.
Follow us, like the idea and leave a comment below!!
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