EURUSD Hourly

EURUSD has been on the rise after finding support at the 1 month demand zone, due to Feds signalling a rate cut by July.
The long term view for EURUSD is bullish so if price can retrace back to H1 resistance turned support at around 1.127 it would be a good entry price for buyers.
Precautions to be taken as ECB has also signalled for quantitative easing.
EURUSDTrend Analysis

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