EURUSD early Bullish divergency, Support level LONG!
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This idea is based on an early signs of reversal of ongoing trend. As we can see on a weekly chart the price has crossed the down-trend line and retested it with the support level shown as indicated by shaded area this is a good moment to consider a long position for me. 1h bullish divergency and some reversal candles prove this idea is correct but perhaps it would be best to wait for the price action e.g see the orange dotted trend line, once this is crossed it's more likely the price of EUR will move up against USD.
This is just an idea not a trading advise, always protect your investment with a stop loss that you can handle!
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