deriangw

EURUSD Long Trade Setup

Long
FX:EURUSD   Euro / U.S. Dollar
Hi Guys,

Looking at the price action, we can see that the EURUSD shows signs of exhaustion candles especially in higher timeframes.

It hit the monthly support at 1.086 and shows rejection. 1 or 2 more bars of rejection would confirm its reversal to the minor daily resistance at 1.0992.

Thank you for your support.
Trade with caution.
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