AlgoVenture

EURUSD Buy - Continuous Range Breakout and Retest

Largo
FX:EURUSD   Euro/Dólar estadounidense
EURUSD has reached the bottom at 1.1188 and fell into a range.
The range was broken above last week and the price fell into another minor range while sitting on to of the previous range.
On the last trading day, the range was broken once again and therefore we will most likely experience another short-term range.
As long as the price is seated on top of the range, it will most likely rebound higher as it gets closer to the rising trendline.
Look for buying opportunity between 1.1288 and 1.1276.
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