We can see that EURUSD is currently forming into a triangle pattern along with a "M" pattern from the chart. The previous candle has also shown us a buy opportunity because it has high volume without closing at the lower end, indicating the bull is stronger now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.