#TradeOfTheWeek

### **Asset:** EUR/USD (Forex)

**Timeframe:** Daily Chart

**Setup:** **Bullish Breakout Retest**

#### **Key Levels:**

- **Resistance Break:** 1.0850 (previous swing high)

- **Support (Buy Zone):** 1.0800–1.0820 (retest of broken resistance + 50 EMA)

- **Target:** 1.0950 (next key resistance)

- **Stop Loss:** Below 1.0780 (invalidates the breakout)

#### **Rationale:**

1. EUR/USD broke above a key resistance level at **1.0850**, signaling bullish momentum.

2. Waiting for a **pullback to retest** the breakout zone (now support) for a better risk-reward entry.

3. MACD is above zero, and RSI (~60) suggests room for upside.

#### **Risk Management:**

- **Risk:** 1-2% of account per trade

- **Reward:** ~1:3 (if targeting 1.0950)

Would you like a **crypto** or **stock** trade idea instead? Let me know your preferred market!