EUR/USD is showing bullish signs. It is currently on a major daily support level, with bullish divergence and a breakout of the bearish trendline, indicating a potential trend reversal. Buying above the previous lower high is recommended for confirmation of the trend reversal.
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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.