VasilyTrader

EURUSD: Important Breakout & Technical Outlook 🇪🇺🇺🇸

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OANDA:EURUSD   Euro / Dólar Americano

EURUSD was unstoppable this week:
the market formed a huge high momentum bullish candle on a weekly time frame,
violating a major horizontal resistance.

From the beginning of the year, the pair was forming a bullish accumulation pattern
setting equal highs and higher lows.

The violation of a resistance is a very important bullish signal.
It will most likely push the prices much higher.
Next goal - 1.145

The market is very overbought at the moment,
so I would suggest buying after a pullback.

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