EURUSD - are buyers looking at 1.2537?
Here we are on Euro/Dollar daily chart and as we can see this pair is in range and if we zoom out daily chart we have long term bullish trend. On last daily session closing this pair had formed Bullish fakey setup with 2 bar reversal / Bullish engulfing setup. As for this trading scenario we have good confluence factors supporting it such as Bullish trend, Horizontal (static) level 1.2177-1.2214, trend line that is holding since April-2017 and buy signal itself. we will be getting in longs from here. safe trading everyone!
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