EURUSD retracing into a longer term buying opportunity on the Weekly chart. There is a clear imbalance between buy and sell orders at the 1.1200 level. Also, taking into account POTUS statements to de-value the US Dollar over the weekend, I am confident in a reversal of the trend when price reaches the 1.1200 level. Very large zone to account for the unpredictability of the US Dollar. Potential for volatility over the coming weeks if the stock market corrects, or continued fallout from the drama inside the US Gov't. I want to trade all US Dollar pairs from a strictly MACRO approach...
Beyond Technical AnalysisEURUSDLONGTrend Analysis

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