EURUSD | Important Zone Ahead

٩ فبراير ٢٠٢٢

EURUSD has given a breakout from the falling parallel channel and consolidating in a rectangular box. We are expecting bulls are getting ready to burst from the zone. One can take long position from the horizontal level.
Alternatively, the consolidation might be the enough of what bulls can do and bears are waiting for bulls to be inactive and bring shorts in party.

Trade your levels accordingly.