EUR/USD Strong Move Up as Pivots are Taken Out

1 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

EUR/USD is bullish now on the intraday time frame. We should see a further move up.

The 1.1290 zone is where the price bounced and made a move to the upside. This is the buying zone. Breakout is happening now above W H3 and D H5 and the next target is 1.1395. This is obvious bullish momentum and the price is bought on dips as the EUR/USD is stronger. Expected TP should be hit.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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