EURUSD is forming a W pattern on the 1H chart indicating a possible bullish breakout in the near future.
The W is within the potential reversal zone which makes it significant.
We expect price to travel up the 4th leg of the W before breaking resistance and moving towards the 200 MA.
The W is within the potential reversal zone which makes it significant.
We expect price to travel up the 4th leg of the W before breaking resistance and moving towards the 200 MA.
