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Overall Bullish Momentum

Panjang
FX:EURUSD   Euro / Dolar A.S.
The Dollar has been showing a lot of weakness for the past weeks, So that explains why EURUSD has been in an Overall TREND for weeks. The current price is at a correction phase of the Trend. With that being said we can technically see that it has formed a retracement of 61.8 0f the previous HL. Another Correlation to support that is the Double bottom pattern that has formed on the new Support Level in H4 And again The DAILY closure that is closed inside our Uptrend channel.
Penafian

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