EURUSD has given a very good breakout from falling wedge pattern. After giving breakout EURUSD price has retraced towards the extended trend line of the falling wedge , now it is trading at very solid support of extended trend line of falling wedge and long term support zone . We might see a good rally in EURUSD from the current price level for long term trends. One can put stop loss just below the support zone level for a long trade.

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Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.