On EUR/USD is nice to see strong buying reaction from the price 1.06230 , there is nice to see strong volume area....

Where is lot of contract accumulated...

I thing that buyers from this area will be defend this long position...

and when the price come back to this area, strong buyers will be push up the market again...

V-shape = Strong rejection of lower prices + Volume cluster + Uptrend asi my mainly reason for this long trade....



Happy trading

Dale
EURUSDTrend Analysis

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