EURUSD confirmed the trading channel (pink) breakout with a strong bullish continuation move towards 1.14.
That was my bullish trading scenario for the week (in my newsletter) and it has now reached its final target zone.
The yearly trading channel will be tested today when the U.S GDP number will be published.
Better than expected - USD will probably rally and EURUSD will decline from the weekly resistance zone
Weak GDP - USD will try to break the 96$ support zone (DXY) and EURUSD will make an attempt to break above 1.15.
That was my bullish trading scenario for the week (in my newsletter) and it has now reached its final target zone.
The yearly trading channel will be tested today when the U.S GDP number will be published.
Better than expected - USD will probably rally and EURUSD will decline from the weekly resistance zone
Weak GDP - USD will try to break the 96$ support zone (DXY) and EURUSD will make an attempt to break above 1.15.
