Currently the EUR/USD is at a critical area. It is at the 100-day EMA level.
Besides, 1.1620 can also offer some amount of support.
So, it is possible to see a small pullback to the upside.
Based on the point of view, I won't advise to buy big at this stage. My preferred
approach is to sell the rallies in EUR/USD if it reaches the resistance level. This is my own trading idea, trade on your own risk. Good luck on trading guys!
PhoenixMan
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