DeGRAM | EURUSD breakout anticipation of the strong resistance

26 เม.ย. 2023

EURUSD bounced off the major support level at 1.1000.

The market is trading in an ascending channel. Notice how the price tested the resistance two times and third test may end up by breaking the level.

Price action printed a big bullish candle, an indication of strength and a probable breakout.

We expect a breakout pullback and continuation.


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