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WaelHaz
May 17, 2022 7:11 PM

BUY EURUSD Long

Euro Fx/U.S. DollarFXCM

Description

Just an idea and trade at your own risk.

EURUSD reached last week the lower downtrend channel on the daily and weekly timeframes.
EURUSD at end of today might have three daily consecutive bullish candlesticks closing (nearly white soldiers candlestick pattern) and rebounding from the recent strong demand zone at current week low around 1.0348 (also weekly and daily lower channel) which may confirm a reversal and correction up with possible next target next to area 1.09-1.10.
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