EURUSD Potential Buy Opportunity

FX:EURUSD   Euro / U.S. Dollar
563 4 25
Price is testing a key level. MACD divergence shows that we may soon have a reversal of this down move. If price breaks above this wedge pattern we should watch for a buy setup in order to go long

Key zone:
Almost like a spring that built up moment there, good chart, thank you

Fxprotrader HermanBrummer
You are welcome..
Hello, do you think it's valid only for this particular trade or are we experiencing overall usd weakness? Could you refer to this idea?
Overall i think that Dollar Index will rise.. This chart you are showing is for short term trades. I agree with your chart, but overall i think dollar index will rise. But as you may know everything changes in the markets.
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