As analyzed prior I expected to EUR/USD with a move to the upside after reaching a bigger support area. This move has happened during the last trading session. Now there is a valid setup for a long swing. Currently I am waiting for the EUR/USD to retrace its last move about 50-61%. Should we reach this pullback level (blue), and see a price action signal in that area a long swing to the upside is possible.
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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.