Euro / U.S. Dollar
Long

DeGRAM | EURUSD false break and new high

588
EURUSD is pulling back following a false break at the resistance level.

Price action is moving in a similar way as when the market tested the resistance two times, then on the third test it made a false break, pulled back, then made a new high.

The market is near the confluence level. We expect a retest of support and trend continuation.


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