EurUsd- where to buy?

٩ فبراير ٢٠٢١

Why you should subscribe to me on Tradingview?

- Almost 20y experience (I trade from 2002) as a full-time trader
- Clear charts with targets and SL
- Clear and concise explanations

As mentioned in yesterday's comment, Friday's bullish engulfing on EurUsd could mark the end of correction for the pair.
Today the single currency managed to pass above the confluence resistance given by the horizontal support and the falling trend line of the flag, and the road is clear for a challenge of 1.22 zone.
Dips should be bought and 1.2050 could be a good place for opening longs.
Only a daily close under 1.2 figure would delay this scenario