DanV

EURUSD - Could it be potential Buy here?

Long
FX:EURUSD   Euro / U.S. Dollar
5
I remain bullish longer term on EURUSD. However, I think it has pulled back sharply so far from recent high and could be presenting a relatively low risk long entry. A break above 1.3150 would be a confirmation. Likewise a failure below the rising lower parallel of the pitchfork could call in to question of the overall trend, which might continue to range for a while.

Take note of co-related EURUSD & DXY chart I will post below

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