EURUSD Prediction Bullish breakout 7 Jun 24

FX:EURUSD   Euro / U.S. Dollar
EURUSD is one of the most traded Forex instruments with good volume activity.

If we look at the chart:
EURUSD has broken to the upside and can now give really good targets to 1.12 levels. EURUSD has broken the symmetrical triangle pattern to the upside. Also, it has received support from 200 EMA, which is a good sign of bullishness.
One can trade EURUSD with Risk: Reward::1:3 with the given setup.
All important levels are on the chart.

Verdict: Bullish

Plan of Action:
Buy: 1.09197
SL: 1.08146
Target: 1.11033, 12371


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