The pair has been identified in a bullish channel
the pair has been identified as a strong bullish pair since past weeks
considering the high positive correlation the pair has with GBPUSD, NZDUSD
the euro markets are going bullish
For a better entry we wait for a pullback towards local support as price might reject resistance
hence its wise if you wait for a pullback towards support area
risk reward ratio of 1:3 is proper on this trade
the pair has been identified as a strong bullish pair since past weeks
considering the high positive correlation the pair has with GBPUSD, NZDUSD
the euro markets are going bullish
For a better entry we wait for a pullback towards local support as price might reject resistance
hence its wise if you wait for a pullback towards support area
risk reward ratio of 1:3 is proper on this trade