EURUSD POSSIBLE SETUPS.
Price is technically in an UPTREND trading above the multi year WEDGE PATTERN, with buyers holding the zones with several retest at 1.1700
A monthly close above this zone will set price higher for UPTREND continuation.
For now, we did had a weekly close above it as we will find out this new trading week maybe will have a monthly close above it or below the zone..
I will be looking out for buyers holding the zone to set price higher to 1.2000 or 1.2500 as targets or next level of resistances.
WHILE, a break below 1.1660 will set price lower exposing 1.1300 as target or next level of support
A monthly close above this zone will set price higher for UPTREND continuation.
For now, we did had a weekly close above it as we will find out this new trading week maybe will have a monthly close above it or below the zone..
I will be looking out for buyers holding the zone to set price higher to 1.2000 or 1.2500 as targets or next level of resistances.
WHILE, a break below 1.1660 will set price lower exposing 1.1300 as target or next level of support
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