danresdidualfx

Trade setup: EUR/USD analysis

Long
OANDA:EURUSD   Euro / U.S. Dollar
Am expecting the price to rally towards the psychological region of 1.12000, a new leg could be formed to the highs, price is currently respecting the 61.8% fib with morning star pattern. This will depend on USD potentially weakening, GDP consensus expected to decrease this week could be the obvious catalyst for our bias.
Great risks reward 1:2!


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