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Tendorian
Jan 18, 2021 8:01 AM

EURUSD Long Position Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD is still consolidating after a 2 months run up. This buy area around 1.1900-1.2050 is probably the best place to start adding longs again for the next run up to target potentially 1.3000 in the coming weeks. We are very near this area and price may bounce a few times before starting the next up move.

Comment

Price has entered buy area and bounced up, targeting 1.300
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