Entry Setup - Euro ready to put the squeeze back on the sellers

2019-12-02 12:10:42

The EURUSD is building after a nice flush of the 1.0990 support zone. The initial spike up has cleared out a few lower highs so we expect further pressure to be put on sellers if price lifts through 1.1026. Sellers who were looking for the break lower will be chasing their tails if price runs higher. Would be good to see a run up to retest 1.1087 but any squeeze may be short lived....we will see how this plays out.

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