RLinda

EURUSD ! Formation of pre-breakdown consolidation. Growing up 😎

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD , after the formation of a double bottom relative to the level of 1.03660, recovers to resistance and after a false breakout, the price does not fall, but enters a consolidation phase. Relative to the resistance of the trading range, a pre-breakout trading is formed, which may suggest a breakdown of resistance.

I suppose the price will exit the range up after the formation of pre-breakdown consolidation. Short-term target is resistance 1.0655 and medium-term target is liquidity zone 1.07490

Sincerely, R. Linda!

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