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ForexGoldenBoy
May 9, 2022 12:20 PM

Bullish bias for EURUSD Long

Euro Fx/U.S. DollarFXCM

Description

Hello traders.

Here is my personal analysis for this pair.


Prices were in a horizontal channel
+
Bullish support formed (green line)
+
Failed to break below the support (black circle)
+
Bullish rebound initiated
+
Pull back in the process of being finalized
=
Bullish reversal pattern under construction
=
I am leaning towards a continuation of the rise
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