Following on my idea on the daily and weekly timeframes below:
EURUSD looks like have completed its pullback before uptrend continuation.
EURUSD retested the support (demand) zone and tipple bottom neckline at the bottom of area 1.07 on the 4H timeframe with failing to break below.
Possibly a sub uptrend channel is forming, which next target is into the upper channel above previous and current month high into area 1.11.
EURUSD looks like have completed its pullback before uptrend continuation.
EURUSD retested the support (demand) zone and tipple bottom neckline at the bottom of area 1.07 on the 4H timeframe with failing to break below.
Possibly a sub uptrend channel is forming, which next target is into the upper channel above previous and current month high into area 1.11.
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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.