Monthly chart
Last month's candle was a doji candle and it bounced from a lower level. This monthly candle is still active and it bounced from the low creating an engulfing candle (but this monthly candle is still active) which indicates the short-term bias is to the upside.
**Weekly Chart**
For this week I am looking to buy EURUSD at bull back. As the price indicates the continues last week's movement to the higher side.
**Daily Chart**
The pair moved higher on Tuesday (14th November) after CPI report with a long candle on the daily chart. Therefore, I am looking for a good opportunity to buy the bull back and move to my next target around 1.1250 level as a short-term directional bias.
Last month's candle was a doji candle and it bounced from a lower level. This monthly candle is still active and it bounced from the low creating an engulfing candle (but this monthly candle is still active) which indicates the short-term bias is to the upside.
**Weekly Chart**
For this week I am looking to buy EURUSD at bull back. As the price indicates the continues last week's movement to the higher side.
**Daily Chart**
The pair moved higher on Tuesday (14th November) after CPI report with a long candle on the daily chart. Therefore, I am looking for a good opportunity to buy the bull back and move to my next target around 1.1250 level as a short-term directional bias.
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