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UmarAbdurRehman

EURUSD Reversal - Possible Buy Trade (Macro Analysis)

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Euro / USA-dollar (FX:EURUSD)  
UmarAbdurRehman  
FX:EURUSD   Euro / USA-dollar
Trend Analysis Technical Indicators Wave Analysis EURUSD eurusdlong eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdoutlook eurusdanalysis eurusdbreakout
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trendanalysis indicator waveanalysis eurusd eurusdlong eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdoutlook eurusdanalysis eurusdbreakout
EURUSD have been quite choppier over the past couple of weeks, price action have been trading in a narrow range.

Looking at the USD currency Index, there is a head & shoulder pattern setting up, which is in line with EURUSD macro view. Overall momentum on higher time frames is developing on this market. I am looking for a double bottom around 1.1280 area to execute long position.

Thank you for your support.
Trade safe and Good luck with this idea.

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