FOREXCOM:EURUSD   Euro / U.S. Dollar
EURUSD has been falling in a Descending channel and the price is now at the bottom of the channel. With DXY likely to drop this will result in EURUSD to retrace.

We are looking for a bullish engulfing candle on D1, and a break above the trend line on lower timeframes.

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This is not financial advice.

Comments

Great analysis 🧐
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@ZenoReal, Thanks!
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