alexkyp

EURUSD another buy scenario !

Long
FX:EURUSD   Euro / U.S. Dollar
Lets see if EURUSD will reverse this week, last weeks try to reverse was hammered down buy the bullish move on the US dollar index which eventually broke the psychological are of 1.10 .
There is two potential scenarios for EURUSD this week.
1st is to reverse around the average trend level based on the daily movement, 1.0940 where is several previous reversal areas
2nd retest the psychological area of 1.09
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