EUR/USD - BUYERS STEPPING IN AT MULTI-YEAR LOWS

The EUR/USD pair has just reached a multi-year low on a resilient US dollar, but today's candle shows that buyers are willing to step in at those lower prices.

The pair competed a 5-wave wedge pattern and the RSI shows a strong bullish divergence, signaling that further strength might be ahead.

We're following this pair in our trading group and will act accordingly if the market gives us a buy confirmation.