Euro / Dollar ASPembelian
EURUSD LONG SETUP
EURUSD: Price is still in the UPTREND, we saw price retest the 1.2000 zone at the begining of the month and reject sharply.
On the 4H chart, price is now back above this short term trendline,which indicate the UPTREND continuation, we also have price forming higher lows as indicated on the chart.
We've an horizontal resistance zone @ 1.2160, which BULLS have to take out with retest holding to set price higher to the previous high and possibly beyond with the overall target for EURUSD still @ 1.2500
On the 4H chart, price is now back above this short term trendline,which indicate the UPTREND continuation, we also have price forming higher lows as indicated on the chart.
We've an horizontal resistance zone @ 1.2160, which BULLS have to take out with retest holding to set price higher to the previous high and possibly beyond with the overall target for EURUSD still @ 1.2500
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