After a period of consolidation, we are seeing some bullish momentum in the EURUSD.
There was a (false) break below a key weekly support level a few weeks ago, but the market quickly came back up and broke back above that level. This is a bullish sign. It has continued trending up ever since.
Essentially we will be waiting for pullbacks to higher lows and a buy signal to get long.
There was a (false) break below a key weekly support level a few weeks ago, but the market quickly came back up and broke back above that level. This is a bullish sign. It has continued trending up ever since.
Essentially we will be waiting for pullbacks to higher lows and a buy signal to get long.