Is EUR/USD gearing up for a bullish move to 1.11?

12 มิ.ย. 2023

Dear traders, for the last 2 weeks, EUR/USD is forming a base in the 1.0650
level. We have seen a long consolidation at this zone and now, price is slowly
moving to the upside.

1.0780 is the first challenge for the bulls. If this key level is broken by the EUR/USD
bulls, expect a strong rally to 1.09 and 1.11 eventually as the path of least resistance
is to the upside.

I recommend traders to look to long entries around 1.07 -1.0650 level with SL below the
support zone at TPs at 1.09, 1.11 respectively.

12 มิ.ย. 2023

บันทึก

EUR/USD has failed to break the minor resistance again.

12 มิ.ย. 2023

บันทึก

The 100 hour EMA is offering some support. Daily close will be important

13 มิ.ย. 2023

บันทึก

Another attempt to break the 1.0780 resistance

13 มิ.ย. 2023

บันทึก

Resistance finally broken

17 มิ.ย. 2023

บันทึก

Price has reached my initial target at 1.0970