EURUSD: Prepare for a new breakthrough!

FX:EURUSD   Euro / U.S. Dollar
Hello everyone! Let’s dive into EUR/USD today!

Currently, EUR/USD is showing little movement, settling into an accumulation phase around the 1.0900 level. The Bollinger Bands are tightening, indicating a period of low volatility and suggesting that EUR/USD isn’t poised for any immediate breakout.

However, this calm period might be a precursor to a significant move. The price is finding support from the trendline, and I anticipate that EUR/USD could be gearing up for an upward breakout soon.

What are your thoughts? Share your predictions in the comments below! Good luck and happy trading!
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