peacefulSeafow25653

EURUSD nice long opportunity

Long
FX:EURUSD   Euro / U.S. Dollar
Looks like we are reaching a point from which we can jump to the long position.
In the Daily graph you can see a similar pattern in 6.1.2023 when price bounced up from EMA50 high.
That region corresponds to the H4 EMA200 bounce from 6.1.2023. So for me it is a clear long setup.
TP1 at 1.08451
TP2 at 1.10000
For long term players put TP higher. I am conservative player.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.