AlgoVenture

EURUSD Stands Above the Middle Band

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD went down and made a complete comeback in the last 2 trading days.

The price managed to close above the middle of the Bollinger band which breath life to the bull.

This week, we expect EURUSD to either range or climb further into the supply zone at 1.2250.

If the price pulls back at first, we can expect a pullback towards 1.2090 to buy again.
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