On EUR/USD, it's nice to see a strong buying reaction at the price of 1.08890 and 1.08770.
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
The S/R zone from the past, uptrend, and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
The S/R zone from the past, uptrend, and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
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