BlueberryMarkets

EURUSD TO BENEFIT FROM USD WEAKNESS

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD has been holding nicely above the key 1.1300 and with the potential for further USD weakness combined with strong Euro seasonal patterns, a move into the key resistance of 1.1780 could be likely.
Looking at the 4hr timeframe on the right-hand side we have seen a close above the previous significant highs and price is currently testing the moving averages. If we see bullish price action here we can look for the early opportunity long.
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