EURUSD long may be attempted. After failed support breakdown in late July, there were two relatively strong rallies in EUR, followed by relatively sluggish corrective moves down on MACD divergence.Possibility that we would see another rally somewhere from current levels is quite high. And trade with stop at around 1.105 and target at around 1.125-1.13 may be attempted.
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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.