Chart of the Day EURUSD

EURUSD a bullish breakout and a pullback bounce

EURUSD is bouncing off the strong upside support 1.10800 level and a previously broken falling wedge line. This is opening now a possible upside continuation to 1.14000 level. Now only a daily close below the 1.10800 level would invalidate the formation break and an upside extension.

ARMAT trading system is bullish

Note: look for the short trade entries with the stop loss below 1.10800 level.

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