Just before the EURUSD reversed and climbed from 1.118 to 1.13, it has already completed 3 waves of falling trend which could signal for a major reversal. It is, therefore, a common sight to see that the price has retraced and climbed so much, almost recovering from the plunge right after the ECB press conference. So today, we shall attempt a simple and straightforward intraday long. The upward trend from the past 2 days is very likely to continue. Look for an opportunity to long as the price retraces to the demand zone below which overlaps with a rising trendline which started from the reversal.
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Price is about to reach the supply zone at 1.1320. Well done if you have made this trade=D Get ready to TP as this supply zone is likely to be a strong one.