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T3-Consultancy

EURUSD H4: Bullish outlook seen, further upside above 1.0230

Long
Euro / U.S. Dollar (FOREXCOM:EURUSD)  
T3-Consultancy  
FOREXCOM:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns EURUSD EUR USD eurusdlong eurusdbullish eurusdbuy Forex forextrading forexsignals
2
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trendanalysis harmonicpatterns chartpattern eurusd eur usd eurusdlong eurusdbullish eurusdbuy forex forextrading forexsignals
On the H4 time frame, a pullback to the support zone at 1.0230 presents an opportunity to play the bounce to the resistance target at 1.0380. This resistance target coincides with the 50% Fibonacci retracement and the resistance-turned-support graphical level. Prices are also holding above the ascending channel and 30 EMA supporting the bullish bias.
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