Breakout bearish channel. Bullrun? Long

EUR/USDOANDA

Description

⋅ Feb 20, 2024 7:50 PM

EURUSD has been folowing a downwards channel for a while. Managed to breakout the channel. We also have strong support zone around 1.0786. This gives us indication a bullish move can be expected short to midterm.

Resitance: 1.0826, 1.0860, 1.0890
Support: 1.0787, 1.0755,

Comment

⋅ Feb 22, 2024 6:33 AM

Again profitalb trade guys. Very nice retest of the broken channel and also support level

Comment

⋅ Feb 22, 2024 9:07 AM

Congrats if you followed!!

Comments

TheFxAce

⋅ Feb 21, 2024 2:34 AM

The upward trajectory you predict is backed by sound reasoning.