EURUSD BREAKS OUT TO NEW HIGHS

The daily chart seemed to have put in the low for the month of May. Additionally, yesterday's daily candle closed above the daily resistance level of 1.10500 -- as drawn on the chart below. Therefore, for this trade, I'm looking for a BUY after a retest of the broken resistance level for a potential 8:1 reward/risk ratio. A close below 1.10500 would invalidate this trade. Also, we are approaching a key level 1.11200 -- keep an eye on that. Good luck!

~ Happy Trading, Cheers! 💰