EURUSD: Structure Based Trade Explained 🇪🇺🇺🇸

Long

Euro / U.S. Dollar (OANDA:EURUSD)

OANDA:EURUSD Euro / U.S. Dollar

mtfa supplyanddemand rectangle eurusd priceaction euro usdollar usd dollar eur forex trading

EURUSD is testing a wide daily horizontal demand area.
The price is currently ranging on an hourly time frame.

A bullish breakout of the resistance of the range - an hourly candle close above
1.1085 - will be your solid bullish confirmation.

A bullish continuation will be anticipated at least to 1.1106 level then.

If the price drops lower, the setup will become invalid.

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