Lingrid | EURUSD potential Bullish TRADE from the SUPPORT zone
The price perfectly fulfilled my previous idea. It reached the target zone. EURUSD has tested the strong support level at 1.09000. Previously, the market made an impulse leg from this level. On the daily timeframe, the price formed a long-tailed candle, indicating rejection of this level. Additionally, the recent breakout of the market structure suggests that we are in a sideways movement. I believe we may see a bullish pullback from the support area, potentially pushing the price above the round number resistance at 1.1000. My targe is resistance zone around 1.10050
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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