This coincides somewhat with the correction in the USD I just posted about about. Bloomberg reported that confidence in the Euro is increasing, hence it might be the right time to consider a long position. Note the increasing slope in lows here followed by increased buying pressure on the EURUSD.
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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.