EURUSD - Bulls are managed to show their strength on 1.2206Here we are on EURUSD daily chart and as we can see price has reached towards its important support barrier which is nearly at 1.2206 we have obvious "BUEB" (Bullish engulfing bar) here on last daily session closing we have three factors support our trade here such as trend which is bullish long term, support barrier and BUEB setup itself. We can enter on this signal depending on our entry strategy. Let's see how market unfolds from here, safe trading!
Eurusdpa
EURUSD - Next bullish leg may possibly begins from 1.2072 Here we are on Euro/Dollar daily chart and as we discussed in our last analysis that this market has broken through weekly/monthly resistance swing level which is nearly at 1.2072. Price had closed very aggressively above it and we are waiting for this market to rotate towards our (value area) new support 1.2072 to begin new bullish leg from there. We have good confluence factors here which is support our trade scenario, such as Bullish trend, dynamic support layers 20/10 ema's and static value area. Just wait for price to approach this value area and print any of the bullish confirmation signals here. safe trading everyone!