Fxprotrader

EURUSD: Buy Opportunity at Key Support Level

Long
FX:EURUSD   Euro / U.S. Dollar
Although EURUSD seems to be moving in sideways, looking at the 4h chart what we may see is that price is moving into an upsloping channel in a working slope. Price is now retracing towards a sliding parallel where previously found strong support - highlighted into the chart with the grey marks. In case it reaches the parallel I am personally going long with sl and tp as shown into the chart.

All the best,
John
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