EUR/USD pushed higher at the start of this week before strongly rejecting from the confluence between the weekly resistance zone and the key level of 1.2014. It can be argued that the overall trend for EUR/USD is still bearish, with price restricted to the monthly descending trend channel that has been in place since 2007. However, with ongoing dollar weakness...
Price in Monthly Chart had tested the Monthly Demand area printing the long-tailed Hammer which aligns with the trendline from 2016 and 2018 Demand zone.
This alone give the strong conviction for Bull run
Like wise , Weekly chart perfectly re-aligns being tested the Demand zones which printed the Doji Last week.I expect the weekly112-114 area to be easily...
