A quick look at the EURUSD and last week saw price hold comfortably above the Daily 20-EMA.
Potential targets above at the 1.20000 and 1.240000 levels.
Entries from the 20-EMA at 1.18150 to target the levels above.
Price looks to be nearing the end of this contraction zone and ready to break out to the upside. However, there could also potentially be a pullback to the support level of 1.16400 before moving upwards.
Awareness keeps the panic away. Trade safe and always remember to plan your trade and trade your plan!
Beyond Edge
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only.
Do not trade or speculate based solely on the information provided. Trust your own analysis.