EURUSD: Important Breakout & Technical Outlook ๐ช๐บ๐บ๐ธ
https://www.tradingview.com/x/DpBIgiHF/
EURUSD was unstoppable this week:
the market formed a huge high momentum bullish candle on a weekly time frame,
violating a major horizontal resistance.
From the beginning of the year, the pair was forming a bullish accumulation pattern
setting equal highs and higher lows.
The violation of a resistance is a very important bullish signal.
It will most likely push the prices much higher.
Next goal - 1.145
The market is very overbought at the moment,
so I would suggest buying after a pullback.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
EURUSD was unstoppable this week:
the market formed a huge high momentum bullish candle on a weekly time frame,
violating a major horizontal resistance.
From the beginning of the year, the pair was forming a bullish accumulation pattern
setting equal highs and higher lows.
The violation of a resistance is a very important bullish signal.
It will most likely push the prices much higher.
Next goal - 1.145
The market is very overbought at the moment,
so I would suggest buying after a pullback.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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