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EURUSD: before breakout

Long
Euro / U.S. Dollar (FX:EURUSD)  
Traders-Club Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Support and Resistance Trend Lines Forex tradingstrategies eurusdlong forextips longsetup tradingsetup Contains image
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1
trendanalysis supportandresistance trendline forex tradingstrategies eurusdlong forextips longsetup tradingsetup containsimage
The EUR/USD is currently in a long-term uptrend, which leads me to anticipate a breakout to the upside from this pattern, potentially retesting previous highs. However, if the ascending trendline were to break, it could lead to a retracement towards significant support levels seen in the past.

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