preyes
Long

EURUSD Bullish Trendline Breakout

FX:EURUSD   Euro / U.S. Dollar
87 0 0
The clearcut trendline and pullback signifies a strong change of trend on the M5 chart. A new higher low formed on the pullback of the trendline , and a calculated target should be met at 1.12803. Stochastic also shows divergence, indicating the prior downward trend is over.
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