The Euro produced important positive signs predicting an increase or continuation of the bullish trend, and these signs are as follows
– He made a positive monthly closing
-Range exceeded the previous month and closed above it
– And the most important reason (it breached the level of 1.7868, and based on it) is on the monthly timeframe.
As for what happened in the weekly frame, it is compatible with the monthly one in terms of the positive outlook.
It made excellent price behavior that supports more ascending, which is an uptrend pattern with a high launch from the region.
(expect)
The rise of the euro from the current demand area (1.9374 – 1.09347) with a target of (1.10959), and the euro is also valid for purchase again if it descends to the important daily demand levels that range between
(1.09295 – 1.08245) Within this area, you can buy with any Price Action signal.
Also, we cannot overlook the important levels in which the euro is located, which are historical selling levels, but the closings herald more rise, as if the euro succeeds in breaching 1.10599 and relying on it, it will head to 1.13377, and if it breaches it, there will be more and more rise.
