In a test system, the EURUSD appears to have a Buy signal. This Buy signal appears to also be technically supportive with MACD breaking out of a trendline, crossingup and soon to cross over into the bullish territory. Price had broken out of a retracement trendline as well, and also broke above the 55EMA. Price projections give a 6:1 ratio.
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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.