EURUSD LONG SETUP

Key reasons to look for longs.

1. Price consistently forming higher lows & higher highs.
2. Price holding well above 200 Day Moving Average.
3. Price broke and closed above and held above the Trend Line Resistance from 6th of January 2021.
4. Decent price action & volume.
5. Good Risk to Reward Ratio.


Buy Trade Setup


Long @ 1.2060

Targets @ 1.2180, 1.2240, 1.2345
Stops @ 1.1966

R/R ratio 1:3
Chart PatternsEUREURUSDTechnical IndicatorsTrend AnalysisUSD

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