Rayyan_2805

Possible Long Position Incoming

Long
FX:EURUSD   Euro / U.S. Dollar
Possible long position for EURUSD. Overall this pair is looking to go down even more but for now and the coming week I am expecting this pair to go up. This is based on following the trend as well as big fundamental news kicking off the week tomorrow and in favour of the EUR going up and USD going down. As for the technical analysis we can see a mediocre support being reached by the price and the price has been rejected here at least twice beforehand and sent the pair into a minor reversal. I have a long position marked along with a small stop loss, which gives for a good Risk/Reward ratio. EURUSD
Comment:
**IN PROFIT**

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