歐元 / 美元
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Lingrid | EURUSD potential long TRADE from the SUPORT zone

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The market has pulled back, with bears pushing the price towards the support zone. EURUSD has pulled back from its resistance zone, forming a long-tailed bar on the weekly timeframe, which suggests that a deeper pullback is possible. Currently, the market is trading sideways, forming a box. Below this box, we have a confluence area that includes a support level at 1.08500, a channel border, and a trendline. Given that the price has bounced off this level before, I believe it's likely that the market will move up from this area. Overall, I expect the price to head higher, possibly retesting the recent resistance zone above, considering that the overall trend remains bullish. My goal is resistance around 1.09180


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

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