OANDA:EURUSD   Euro / U.S. Dollar
Reasons for bias:
Price bounce of elevating support zone
Price breakout of descending wedge
Rejection of 1.618 fib level
Bullish stochastic on multiple timeframes
Multiple imbalances likely to be filled along the way to TP
60 EMA proximity on weekly timeframe
Rejection of .786 fib level on larger less recent swings
Following uptrend


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.