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ThinkingAntsOk

EUR/USD Bullish View by ThinkingAntsOk

Long
Euro / U.S. Dollar (FX:EURUSD)  
ThinkingAntsOk  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis EUR USD EURUSD LONG Bullish Patterns view dollar euro
16
2
trendanalysis supportandresistance mtfa eur usd eurusd long bullish view dollar euro
🔸 4H CHART EXPLANATION:
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🔸 Price broke the Descending Trendline.
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🔸 After that, it consolidated on a Descending Wedge, which was broken to the upside.
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🔸 At this moment price is facing the Resistance Zone at 1.09800, which, if it is broken, it has potential to reach the next zone at 1.1200.
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🔸 Will look for a lower timeframe bullish setup.

🔸DAILY CHART ANALYSIS:

snapshot

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