EURUSD Potential Uptrend Line Breakout at 1.08508 03.05.2024 by BDSwiss_Academy on TradingView.com
– Potential downside breakout of uptrendline spotted on EURUSD 15-minute chart.
– If breakout holds, high probability of decline to 1.08440.
– If 1.08440 support breaks, further decline to 1.08322 likely.
– If breakout fails, potential for rise to 1.08591.
– If 1.08591 resistance breaks, further upside to 1.08783 expected.
– Apply risk management
