Hi Traders!
There is an ascending channel setup here on the EURUSD 1H chart. We are approaching our vector level at 1.09483; there may be some resistance here for the short term, and above this level, there is another vector level at 1.09766.
We identified a cup-and-handle potiential formation on the 1D chart last week (LINK BELOW), and the handle now seems to be forming. The longer-term outlook is a possible retest of the psychological level at 1.10000.
Please remember to like, follow, and comment.
We appreciate your support.
BluetonaFX
There is an ascending channel setup here on the EURUSD 1H chart. We are approaching our vector level at 1.09483; there may be some resistance here for the short term, and above this level, there is another vector level at 1.09766.
We identified a cup-and-handle potiential formation on the 1D chart last week (LINK BELOW), and the handle now seems to be forming. The longer-term outlook is a possible retest of the psychological level at 1.10000.
Please remember to like, follow, and comment.
We appreciate your support.
BluetonaFX
