EURO Landed in perfect DEMAND/SUPPORT Zone - Mapping on Monthly
Updated
Ideal timing for a bullish longer term trade on EUR/USD is here. An all-time support line and demand zone crossing, covering with fib is all seen as a "hard to brake" zone where a lot of buyer is waiting to push the pair higher. As DXY facing strong supply zone at the moment, it will be nothing but fuel for the pair to show some strength in the last quarter of 2019 and first two in 2020.
Trade active
500 pip reaction in DEMAND/SUPPORT Zone. Staying bullish on the pair, expecting a volatile week ahead, all eyes on ECB.
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