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EUR/USD Technical analysis

Long
Euro / U.S. Dollar (FX:EURUSD)  
traderpulse  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Wave Analysis priceaction
6
1
trendanalysis waveanalysis priceaction
The zone of 1.12500 seems a strong support zone for the EUR/USD bulls.
Once again the pair has bounced off from the same price area with an impulse move.
In the due process, it has broken its bearish trendline as well.
We expect the pair to go through a consolidation for now and then move to to the resistance level at 1.13409.
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