Lingrid | EURUSD bullish TRADING Opportunity

Aug 30

The price has indeed fulfilled my previous target idea, reaching the anticipated level. After hitting that target, the market has pulled back, with bearish sentiment pushing the price towards the support zone. EURUSD has seen a retracement from the weekly resistance zone. Currently, the market is bouncing off a support level that aligns with the 78% retracement of the previous bullish weekly price range. Given that the overall trend remains bullish, I believe the bounce from this support level increases the likelihood of the market moving higher from this area. Overall, I expect the price to climb, potentially retesting the recent resistance zone above if the price breaks through the trendline. My goal is resistance around 1.11300

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻