he price perfectly fulfilled my last idea. It played out nicely; it hit the targeted level.
EURUSD
has rebounded off the crucial psychological support level at 1.08000, and it appears to be forming a bullish flag pattern. A breakout of this pattern could lead to a further upward momentum. On the daily timeframe, we see a strong bullish candle, which shows the bullish sentiment. On the 4H timeframe, the trend remains bullish, and a breakout above the resistance level at 1.08600 could trigger a significant influx of buy orders. Meanwhile, the
DXY
has also bounced off the strong resistance zone at 105.00, an area that has been respected multiple times before. Overall, I anticipate a break above and close above the flag pattern, followed by a potential upward move if the price action continues to stay within its upward channel. My goal is the resistance at 1.09280