Euro / U.S. Dollar
Long
Updated

Lingrid | EURUSD Bullish Trend Continues

1 996
EURUSD is holding a bullish structure inside an upward channel after bouncing from the 1.1670 demand zone. The current retracement appears corrective, and buyers may step in again near the confluence of the trendline and horizontal support. If confirmed, the price is expected to push toward the 1.1885 resistance and the upper channel target at 1.1900.

📈 Key Levels
  • Buy zone: 1.1650–1.1680 (trendline + key support)
  • Sell trigger: break below 1.1600
  • Target: 1.1885 – 1.1900 zone
  • Buy trigger: bullish reversal candle near 1.1700

💡 Risks
  • Failure to hold trendline support could lead to deeper retracement
  • 1.1885 may cap upside if momentum fades
  • Bearish divergence could emerge if price surges too fast

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!


Trade active
ACTIVE! Price on support zone - Entry to BUY

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