EURUSD has previously had an exhausting (SOLID RED ) which was a great sign that all sellers were done. Now we have a expansion (SOLID YELLOW ) which indicates that buyers dominate the market.
EURUSD - can have set a temporary bottom and a positive trend might be in place soon. Use trend indicators to confirm when a positive trend is in place.
However, expansion in without further buyers is a negative sign. So be aware that confirmation is needed before consider enter long. And supply/demand zoon/levels are always important to consider before any entry in the market!
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