EUR/USD Long-Term Trend: Bullish
Key Resistance Levels: 1.13888, 1.14366, 1.15000.
Key Support Levels: 1.13137, 1.12647, 1.12000.
The price on the higher time frame managed to break the descending channel to the upside where a series of higher lows has been posted showing that the buyers are about to take control of the market and move to the upside toward the next key resistance level.
EUR/USD Medium-Term Trend: Bullish
On the lower time frame, the price was in a Wyckoff accumulation phase where it managed to find buyers around the 61.80% Fibonacci retracement level which led to a move higher in the opposite direction of the main trend. A lower correction could be seen before a new bullish impulsive wave toward the target profits.
Buy Limit Order @ 1.13152
TP 1 @ 1.13860
TP 2 @ 1.14366
Stop Loss @ 1.12909
Trade Safely 🙂