🔹 Overview:
EURUSD has now broken above 1.14149, confirming the next bullish leg. The daily chart shows clear momentum with a possibility of a clean retest before continuation.
🔹 Current Structure:
Daily bullish breakout confirmed
Previous high at 1.14149 now flips to potential support
Bullish channel forming with room to expand toward next resistance
🔹 Key Levels:
✅ Safe Buys: 1.14149 (already triggered)
🔁 Retest Zone: 1.14149
🔓 Safest Buys: Break above 1.16020
🎯 Main Target: 1.18791
📌 Plan:
Retest of 1.14149 = re-entry opportunity
Momentum-based buys above 1.16020 toward 1.18791
Maintain bullish bias unless 1.14149 fails
🔸 Bias: Bullish
🔸 Outlook: Medium-to-long-term continuation
EURUSD has now broken above 1.14149, confirming the next bullish leg. The daily chart shows clear momentum with a possibility of a clean retest before continuation.
🔹 Current Structure:
Daily bullish breakout confirmed
Previous high at 1.14149 now flips to potential support
Bullish channel forming with room to expand toward next resistance
🔹 Key Levels:
✅ Safe Buys: 1.14149 (already triggered)
🔁 Retest Zone: 1.14149
🔓 Safest Buys: Break above 1.16020
🎯 Main Target: 1.18791
📌 Plan:
Retest of 1.14149 = re-entry opportunity
Momentum-based buys above 1.16020 toward 1.18791
Maintain bullish bias unless 1.14149 fails
🔸 Bias: Bullish
🔸 Outlook: Medium-to-long-term continuation
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.