EURUSD this week 02march : Long continuation expected.

Hello traders ,

Looking at daily chart we can see that price has managed to close above both horizontal and descending channel top line ,

As per our previous analysis we were expecting price to face possible rejection at these levels and we could have seen price moving lower , however break above resistance has shifted our view towards upside ,

Our strategy for EURUSD for next this week :

We would like to see confirmation of breakout and wait for Monday daily close also above resistance , on confirmation we would like to buy on dips with target as 1.1150 -1.12 levels...

Follow us for more updates...