DeGRAM

DeGRAM | EURUSD false break of major support level

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD bounced off the major support level and made a false break, which means this level is important for market participants.

Price tested the level where price made a rejection and gained bullish momentum, making higher high and higher close.

The market is likely to create a heads and shoulders.

We anticipate a bullish move from the support.


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