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T3-Consultancy

EURUSD H1: Bullish outlook seen, potential retest of 1.0538

Long
Euro / U.S. Dollar (FOREXCOM:EURUSD)  
T3-Consultancy  
FOREXCOM:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns EURUSD EUR USD eurusdlong eurusdshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern eurusd eur usd eurusdlong eurusdshort forex forextrading forexsignals
On the H1 timeframe, a throwback to the support zone at 1.0538 which is the H1 demand zone and 50% Fibonacci retracement could see a further upside above this level to the resistance zone at 1.0580 which coincides with the graphical high. Prices are also holding above the 50 EMA supporting the bullish bias.
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