EURUSD has been recently in a downtrend. However, a sudden upturn took place during it and it comes together with heavy volume, which conclusively indicates a change in trend.Price has already closed above the area, so, when possible, you traders can consider placing long positions.
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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.