EURUSD: ⬆️ Buy
- EURUSD broke key resistance level 1.1900
- Likely to rise to resistance level 1.2200
EURUSD currency pair recently broke through the key resistance level 1.1900 (which stopped the sharp daily impulse wave (5) in last September).
The breakout of the resistance level 1.1900 follows the earlier breakout of the daily Triangle from last year – which accelerated the active impulse wave (3).
Given the strong daily uptrend, EURUSD currency pair can be expected to rise to the next resistance level 1.2200 (target for the completion of the active impulse wave (3)).
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