ForexTrendline

EURUSD heading to 1,1850

Lång
FX_IDC:EURUSD   Euro / USA-dollar
Not many moves during last week as everyone was waiting for Powell.
The meeting is over and now it's time for entries.

The event on Friday caused an ascending move which as of right now it looks like it will continue.

Due to that climb in price we're currently in an uptrend on the H1.

And this will be the case until price breaks below 1,1730.
This will be the level that we will use as our SL if we will be entering any long positions.

If this move actually continues to the upside, the next level we would expect for EURUSD is 1,1850!

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