EURUSD: The chart configuration shows a bullish potential

14 Jul 2021

Hi, according to the chart, the pair has tested for the third time the support line daily. When zooming on H4 timeframe we can notice a green candlestick which means that the break down has potentially failed. In this context, eurusd could trigger a reversal of the trend to reach much higher price. I am long on the pair for now.
Of course the invalidation is below the line.

Hope this helps !