nicoacademia
Long

looking for a bullish reaction at these levels

FX:EURUSD   Euro Fx/U.S. Dollar
65 1 0
Following the strong upmove in EURUSD             the past few days. I expect some of it to come off in the week where US data comes in thick and fast.
Hence looking for a bullish setup pattern to react to these levels before triggering a full long position.
Looking at the daily chart you can see that we favour the much lower levels.
Daily candle shows a reversal off some bollinger bands. indicating weakness ahead.

i'd leave this to the side at least until after ADP jobs report.

and if in doubt just camp at lower prices.
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