EUR/USD Daily Long Potential
Hello Traders,
There has been a strong pullback to the 50 EMA on the daily chart after a strong trend up. After hitting the 50 EMA it bounced back up showing strong support. After this pullback there is a huge potential for the bullish trend continuation, however it would be best to wait and see another retest for support before entering a long trade.
There has been a strong pullback to the 50 EMA on the daily chart after a strong trend up. After hitting the 50 EMA it bounced back up showing strong support. After this pullback there is a huge potential for the bullish trend continuation, however it would be best to wait and see another retest for support before entering a long trade.
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.