EURUSD market structure looks bullish in the hourly chart. Price has moved back above the 100H EMA.
There is a possibility of uptrend continuation. The support level at 1.1690 is also intact. If the price consolidates and stays above the 1.1770 level, then further uptrend towards 1.1900 can be expected.
I would be looking to buy if price dips again towards the support level as highlighted in my chart.
There is a possibility of uptrend continuation. The support level at 1.1690 is also intact. If the price consolidates and stays above the 1.1770 level, then further uptrend towards 1.1900 can be expected.
I would be looking to buy if price dips again towards the support level as highlighted in my chart.