EUR/USD - BUYERS STEPPING IN AT MULTI-YEAR LOWS
The EUR/USD pair has just reached a multi-year low on a resilient US dollar, but today's candle shows that buyers are willing to step in at those lower prices.
The pair competed a 5-wave wedge pattern and the RSI shows a strong bullish divergence, signaling that further strength might be ahead.
We're following this pair in our trading group and will act accordingly if the market gives us a buy confirmation.
The pair competed a 5-wave wedge pattern and the RSI shows a strong bullish divergence, signaling that further strength might be ahead.
We're following this pair in our trading group and will act accordingly if the market gives us a buy confirmation.
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