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MarcellusLUX

EUR/USD rise from support level, buy the dips

Long
Euro / U.S. Dollar (FX:EURUSD)  
MarcellusLUX  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis EURUSD eurusdlong eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis
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trendanalysis chartpattern beyondta eurusd eurusdlong eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis
EUR/USD has rebounded from the 1.17 strong support level. We can also see the formation
of a bullish candlestick in the weekly chart.

In addition to this, EUR/USD is showing bullish price action after touching the 100 week EMA.

These three factors make a strong case to buy any dips in EUR/USD in the coming days.

I recommend traders to buy EUR/USD between 1.1740-1.1770 with SL below 1.1680 and
TP at 1.19 and 1.21 respectively for the next 4-6 weeks.
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