CMCCapital

EURUSD Long - Keep a close eye this week!

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD is now very close to structure lows. Keep a close eye at the ray line area which acts as a double bottom and also the outer structure. If we flip to the DXY we also have corrective price action waiting to break to the downside. Potentially big trade on the horizon.

Personally been waiting for this for a while. Have a great week.
Trade active: Price action is currently creating a nice wedge towards the ray line - this trade is still looking strong for the upside. Keep a close eye.