Due to the fact that the USD has been on steroids these past couple of weeks, the price of EU has been dropping without stopping. As it can be clearly inferred from the graph, a nice bullish candle has been printed and the price has nicely rejected the descending trendline. We are now monitoring the market and waiting for good entry points before opening BUY positions and aiming for the zone identified on the graph
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.