Hi Traders!
EURUSD is holding steady near market lows, and there is a possibility for long entries to target upside resistance levels.
Price Action 📊
The price action currently looks bullish, with market swings showing higher highs and higher lows, and the market has formed an ascending price channel.
Fundamental Analysis 📰
The European Central Bank took a further step on Wednesday towards launching a digital version of the euro that would let people in the 20 countries that share the single currency make electronic payments securely and free of charge.
Support 📉
1.05200: TRENDLINE SUPPORT
Resistance 📈
1.05950: SWING HIGH RESISTANCE
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
EURUSD is holding steady near market lows, and there is a possibility for long entries to target upside resistance levels.
Price Action 📊
The price action currently looks bullish, with market swings showing higher highs and higher lows, and the market has formed an ascending price channel.
Fundamental Analysis 📰
The European Central Bank took a further step on Wednesday towards launching a digital version of the euro that would let people in the 20 countries that share the single currency make electronic payments securely and free of charge.
Support 📉
1.05200: TRENDLINE SUPPORT
Resistance 📈
1.05950: SWING HIGH RESISTANCE
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
Comment:
Break above 20 EMA
Trade closed: target reached:
Target Reached
