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Euro / U.S. Dollar
Long
Updated

EURUSD – The Comeback is Real!

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After weeks trapped in a descending channel, EURUSD has broken out in style, launching into a clean bullish channel. Price is now carving a staircase of FVG zones, with momentum clearly favoring the bulls.

What’s fueling the fire?
Flash Manufacturing PMI from Europe beat forecasts
Eurozone consumer confidence improved
Markets pricing in dovish Fed as jobless claims dropped but inflation expectations stall

As long as price stays above 1.1750 and respects the ascending channel, the 1.1850 zone is well within reach.

Strategy: Buy the dips inside the bullish channel. FVGs act as stepping stones for further upside.
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