EURUSD
The curve has broken the downtrend line today, opening the door for a bullish move. The series of lower highs has also been broken, as the price managed to move above the last swing high (1.1627). With this, the bearish structure has changed, and traders can now look for buying opportunities. The first strong resistance level may be around 1.1781, where the previous neckline was broken. Going forward, it is advisable to follow the green upward trend line for risk management.
Resistance levels: 1.1719; 1.1841; 1.1962; 1.2085; 1.2207; 1.2329; 1.2451.
Support levels: 1.1475; 1,1352; 1.1230.
