EURUSD Strengthens in Upward Channel: Next Target at 1.19850?EUR/USDOANDA:EURUSDKenn_NguyenHello everyone, Ken here! Looking at the current movement of EURUSD, we can clearly see a strong upward channel, with the next target around 1.19850, the upper boundary of the channel. This is a clear signal that the bullish trend is still in control, and I believe the market will continue to move higher in the near future. However, I always remind myself that the market never moves in a straight line. A short-term pullback may occur, and this could be an opportunity for me to enter a trade. If the price pulls back to key support levels, especially when strong bullish candlestick patterns like engulfing candles appear, I will take it as confirmation for continued buying strength. And if there is a strong breakout above the recent highs, it will further reinforce the bullish momentum. That being said, as with any strategy, I always keep a close eye on the market’s every move. If the price breaks below the lower boundary of the channel, this could signal a change in the trend, and I will need to adjust my strategy accordingly. Finally, this is just my personal opinion—not financial advice. Always make sure to double-check your trade setups and never forget to manage risk responsibly!