Get started
ss7trader

EURUSD Bullish Breakout Targeting 1.1690 Amid Positive Sentiment

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
ss7trader  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis Forex eurusdlong Technical Analysis bullishtrendpattern interestrates currencytrading forexmarket tradingstrategy financialmarkets
1
0
trendanalysis indicator fundamental forex eurusdlong technicalanalysis bullishtrendpattern interestrates currencytrading forexmarket tradingstrategy financialmarkets
The EUR/USD currency pair is displaying a strong bullish trend, fueled by the potential ECB interest rate hike and a weakening US dollar ahead of key economic data releases. With a decisive break above the key resistance level of 1.1035, the pair is poised to target 1.1690 as the next major milestone. Keep an eye on upcoming data and events for further validation of this bullish outlook.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.