Analysis: A strong bullish breakout on EUR/USD after a clear liquidity grab at the lows! The buy order at 1.05 survived the stop hunt, and price surged towards the take profit zone near 1.07.
๐ Key Observations: โ Liquidity Sweep: Smart Money engineered liquidity below key support. โ Explosive Reversal: Price aggressively pushed up post-sweep. โ Bullish Confirmation: A daily breakout could indicate more upside.
๐ Whatโs Next?
Will EUR/USD hold above this key level or fake out? Watch for potential retracements into discount zones before another leg up. ๐ฌ Do you think the bulls will take control from here? Drop your thoughts below! ๐
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.