EURUSD: Between Two Structures! What is Next? 🇪🇺🇺🇸

3 thg 6, 2022

Hey traders,

I have nicely predicted yesterday's bullish move on EURUSD.
The price nicely bounced from key support.

We see that the pair is stuck between two key levels, analyzing the structure.
To know the future direction of the market I would recommend waiting for a breakout first.

If the price breaks and closes above 1.076 - 1.079 area,
I will expect a bullish continuation to 1.09

If the price breaks and closes below 1.062 - 1.065 area,
then the pair will most likely drop to 1.05

Personally, I am on a bullish side and to me, bullish breakout is highly probable.
What do you think?

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