EURUSD Reversal - Possible Buy Trade (Macro Analysis)
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EURUSD have been quite choppier over the past couple of weeks, price action have been trading in a narrow range.
Looking at the USD currency Index, there is a head & shoulder pattern setting up, which is in line with EURUSD macro view. Overall momentum on higher time frames is developing on this market. I am looking for a double bottom around 1.1280 area to execute long position.
Thank you for your support. Trade safe and Good luck with this idea.