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DeGRAM | EURUSD Consolidation zone breaking

Long
Euro / U.S. Dollar (FX:EURUSD)  
DeGRAM  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Support and Resistance Chart Patterns eurusdanalysis eurusdsignal eurusdidea
11
4
trendanalysis supportandresistance chartpattern eurusdanalysis eurusdsignal eurusdidea
EURUSD broke and closed above the consolidation zone. Consolidation zones typically act as both support and resistance.

The market is above the psychological level of 1.7000. 

We expect a retest of the consolidation zone and the upper channel's border, which is dynamic resistance.


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