EUR/USD is Making Bullish Advance Above Camarilla Levels

1 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

The EUR/USD has formed a giant bullish candle exactly at W L1 camarilla and the candle itself was testing D H4 breakout camarilla level. At this point, we can see an advance pattern (bullish zig-zag with strong bullish candles) so it looks like the pair is targeting 1.2450. POC zone – 1.2330-40 could reject the price further, so we might see that buying the dips continues. Ascending trend line is also supportive for the pair.

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