EUR/USD Long-Term Trend: Bullish
Key Resistance Levels: 1.08951, 1.09305, 1.09602
Key Support Levels: 1.08311, 1.07795, 1.07359
The price on the higher time frame has recently reversed the direction after it grabbed liquidity below a support level of 1.06623 The pair has continued to break a few resistance levels which suggests further trend continuation.
EUR/USD Medium-Term Trend: Bullish
On the lower time frame, the pair is moving in the major trend’s direction. It recently bounced back from a support level of 1.06595 aggressively. The pair broke a trendline and a minor level of 1.08311 before continuing the momentum.
Buy Stop Order @ 1.08584
TP @ 1.08929
Stop Loss @ 1.08239
Trade Safely 🙂