RiosTrades

EUR/USD BULLISH BREAKOUT

Long
FX:EURUSD   Euro / U.S. Dollar
Price Action (Technical Analysis): Our current watch listed pair has broke out from a key level of resistance, this gives us a confirmation of EUR/USD beginning it's marking up phase and confirming the market is being turned over to the bulls as price is done accumulating. We can expect price to test previous level of structure that was broken before going long again. Beware institution is very good with pushing price down fooling Traders. 1.13470 is the price we will look around to find more reversal confirmations before placing that trade. Leading us to more potential Bullish Price Action ideas...

Fundamental Analysis: Confirms Bullish Ideas
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