EUR/USD: Bullish Momentum Breaks Resistance, What’s Next?
Diupdate
The EUR/USD has been moving upward for the fourth consecutive day, with a clear uptrend forming on the chart.
Currently trading around 1.082, the pair has broken out of its previous downward channel, signaling a bullish shift. Additionally, the 34 EMA has successfully crossed above, reinforcing short-term bullish sentiment and encouraging investors to buy into the pair.
However, a bit more caution is advised before making long-term buys. The EUR/USD remains within a triangle pattern, suggesting it may need to retest the breakout level before fully confirming a sustained uptrend.
What’s your take? Should we go for a buy or sell today and in the days to come?
Currently trading around 1.082, the pair has broken out of its previous downward channel, signaling a bullish shift. Additionally, the 34 EMA has successfully crossed above, reinforcing short-term bullish sentiment and encouraging investors to buy into the pair.
However, a bit more caution is advised before making long-term buys. The EUR/USD remains within a triangle pattern, suggesting it may need to retest the breakout level before fully confirming a sustained uptrend.
What’s your take? Should we go for a buy or sell today and in the days to come?
Trading ditutup: target tercapai
.
✅You can get 5 - 7 gold signals - Forex every day
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+HpvXxXyesls0YmM1
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+HpvXxXyesls0YmM1
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.