EURUSD: ⬆️ Buy
– EURUSD reversed from support zone
– Likely to rise to resistance level 1.1500
EURUSD currency pair recently reversed from the support zone between the strong support level 1.1420 (former strong support from March) and the lower daily Bollinger Band.
The upward reversal from the support level 1.1420 stopped the C-wave of the previous ABC correction (2) from April.
Given the strength of the support level 1.1420, EURUSD can be expected to rise to the next resistance level 1.1500 (former support which stopped the previous impulse wave i).
 and the lower daily Bollinger Band.){kind=link}