A set up for EUR/USD.
Trend: On the 4-hour chart, EUR/USD is in an uptrend. EUR/USD is currently in a weak demand zone. I believe the pullback is sufficient, and one can consider going long with a favorable risk-reward ratio, targeting the previous high.
Let's wait and see how it plays out.
Let's wait and see how it plays out.
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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.