deriangw
Long

EURUSD Long Trade Setup

FX:EURUSD   Euro / U.S. Dollar
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Hi Guys,

Looking at the price action, we can see that the EURUSD shows signs of exhaustion candles especially in higher timeframes.

It hit the monthly support at 1.086 and shows rejection. 1 or 2 more bars of rejection would confirm its reversal to the minor daily resistance at 1.0992.

Thank you for your support.
Trade with caution.
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