EUR/USD Potential Upward Movement

EUR/USD Long-Term Trend: Bullish

Key Resistance Levels: 1.09558, 1.09857, 1.10335

Key Support Levels: 1.09063, 1.08109, 1.07500

4-Hour Chart:

The price on the higher time frame has been in an uptrend recently after it tested a support level of 1.06690 and bounced back. The pair has successfully broken a few levels which suggests further trend continuation.

EUR/USD Medium-Term Trend: Bullish

30-Minute Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It broke a consolidation zone of 1.07500 and 1.08109 and has sustained above that. As of now the pair has broken and retested a minor level of 1.09063 before continuing the momentum.

Signal Idea:

Buy Stop Order @ 1.09288

TP @ 1.09536

Stop Loss @ 1.09039

Trade Safely 🙂