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DeGRAM
Feb 2, 2023 8:49 AM

DeGRAM | EURUSD trend continuation opportunity Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD broke out of consolidation zone and reached a major resistance/psychological level at 1.1000.

Price action is printing HHs and HLs, indicating a bullish trend .

The daily timeframe suggests that the price could fall to the psychological level of 1.1000 and continue trending north.

We anticipate a classic breakout pullback continuation trade opportunity.




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Comments
JoeChampion
I agree on EURUSD bullish bias, thanks!
TheSignalyst
I agree for a deeper bearish correction first, before the next bullish movement start
FOREXN1
I think price may grow more , agree
basictradingtv
Great!
vincent007
its 70 pips away from a possible reversal ? This is not serious technical analysis.
DeGRAM
Good luck in the markets and have a great one!
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