EURUSD Long Continuation
EURUSD has recovered well the past 2 weeks after taking out the low of July 2017, with monthly candle closing a pinbar and getting back above the range low of late May to July consolidation. Currently leaning bullish in this pair as long as we hold support on the reclaimed range low and the fresh daily bullish orderblock.
PLAN OF ACTION : Long the dip on the new daily bullish OB, ~1.15739 which is a an old month’s low is a level to watch too. This one is bullish as long as it holds the reclaimed range low of previous consolidation. First target would be around the cluster of stops at ~1.75 area. If the dollar index drops more, then a likelihood of price extension to ~1.84 or even ~1.2. Going to stalk for better entries on the lower timeframe.
Good Luck!
PLAN OF ACTION : Long the dip on the new daily bullish OB, ~1.15739 which is a an old month’s low is a level to watch too. This one is bullish as long as it holds the reclaimed range low of previous consolidation. First target would be around the cluster of stops at ~1.75 area. If the dollar index drops more, then a likelihood of price extension to ~1.84 or even ~1.2. Going to stalk for better entries on the lower timeframe.
Good Luck!
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