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We're long

We're long | 01 February 2023

01 February 2023, EUR/USD

We're long

EURUSD is on a strong uptrend.It has been moving in form of an ascending channel from 1.07308 to where the market is now which is 1.08664, There is a major zone at 1.08495. The market has broken below it but again formed a double bottom at 1.08012. I expect this pair to buy up to around 1.09258 where there is a major zone, so should the market break above this major zone,1.09258. There is also the possibility of the market breaking below 1.08012 should this happen the setup will be invalidated.

Trade Recommendations:

We're long

Bob Stan
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