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EurUsd -> What A Beautiful Setup

Pembelian
FX:EURUSD   Euro / Dollar AS
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .

On the weekly timeframe you can see that EurUsd just with last week's candle perfectly broke above a major previous weekly resistance area exactly at the $1.095 area.
You can also see that the next potential weekly resistance is exactly at the $1.12 area, so I just do expect more continuation towards the upside from the current levels to then retest the next structure area before we might then see a short term correction.

On the daily timeframe you can see that EurUsd is currently perfectly retesting a previous daily resistance zone, which after last week's break is now turned support, so also from a daily perspective everything is pointing towards a next bullish impulse towards the upside.

Thank you for watching and I will see you tomorrow!

You can also check out my previous analysis of this asset:

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Keep your long term vision.
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