FX_Rhapsody

EURUSD Breakdown Analysis

Long
FX:EURUSD   Euro / U.S. Dollar
Price is currently sitting on a nice area of support. Price might just test that area again in the beginning of the week, of the week, retracing down to the zone between 62% - 79% Fibonacci and then it should be bullish from there. but the possibility of the bullish run up might already started on Friday. COT reports shows a positive increase in net positions against the EUR.
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