Lingrid | EURUSD strong RESISTANCE zone

EURUSD moved higher after breaking a previous daily high. It is heading towards the next key resistance, where we had an impulse movement two weeks ago. The price will most likely bounce off the resistance if we get a rejection candle, which will indicate a liquidity grab above the PDH. Generally, the market is at the 50% retracement level of the massive bearish weekly candle. I expect a pullback from the resistance and a channel border, possibly retesting the support levels below 1.07000. My goal is the support level around 1.07135


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Trade closed: target reached:

The market hit the TP