Lingrid | EURUSD Pullback Continuation Trading Opportunity
FX:EURUSD perfectly played out my previous trading idea . Price has pulled back into the lower boundary of the upward channel while holding above the 1.1750 support zone, where buyers previously stepped in. The reaction from this level aligns with the channel structure, suggesting the move is corrective rather than a trend reversal.
As long as price remains supported above 1.1750, a rebound toward the 1.1800 range high becomes likely, with further extension toward the upper resistance zone if momentum rebuilds. A clean break and acceptance below 1.1750 would weaken the bullish setup and shift focus toward deeper support.
Primary scenario: hold above 1.1750 move toward 1.1800.
Invalidation: sustained break below 1.1750
If this idea resonates with you or you have your own opinion, traders, hit the comments. Im excited to read your thoughts!