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FxScientist999
Dec 8, 2020 8:39 AM

EURUSD Buy Opp Short

Euro Fx/U.S. DollarFXCM

Description

EU has retested for the 3rd time off of the below trendline. If price closes above the most recent high on the 15m we may have confirmation for a nice buy for a 2:1 ratio. There is a ton of EUR news today starting at 5am Eastern time. Watch out for that, but the structural confluence of price being near the below horizontal level and rejecting its 1H trendline, give us some indication that price will remain bullish in the near future.
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