EURUSD Potential For Bullish Continuation

Looking at the H4 chart, my overall bias is bullish for EURUSD because the current price is above the Ichimoku cloud, indicating a bullish market. To possibly ride the bullish momentum upwards, look for a retracement buy limit entry at 1.05948, where the previous high is. The stop loss will be placed at 1.04431, which is the 50% Fibonacci line and previous swing low. The take profit level will be 1.07652, which is the previous swing high.


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Chart PatternsEUREURUSDForexfxTechnical IndicatorsTrend AnalysisUSD

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