EUR/USD has displayed bullish characteristics over the last couple of weeks.
- We have reach a high in the market @ 1.095. - This high was made after a bullish A,B,C,D pattern aka (Trend). - In bullish markets, prices tend to find support at the previous high, the previous high in this market (To me) is @ 1.085. - We currently have made a bullish pin bar rejection candle on 3/19/2024. - Currently we have untapped orders at 1.098, this is where I believe prices want to go in the next month. - Breaking the 1.098 level, could lead to a bigger move up toward 1.11.
** as always, trade smart, trade responsible, and manage the risk as much as the reward **