Peet_Serfontein

EURUSD: dollar weakness on the horizon?

Long
FX:EURUSD   Euro / U.S. Dollar
A bullish trend is applicable above 1.1850.
The price action is close to the lower range of the linear regression channel, which supports the likelihood of a correction and mean reversion trade.
A price action close and below 1.1885 also increases the likelihood of a correction.
RSI leaves enough room for further upside price potential.

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