EURUSD is dragging in sellers to trap them and squeeze them back out

Potential Buy Alert EURUSD



The Euro has been contracting off the highs around 1.2080 and dragging in some sellers ready to squeeze them back out. We see that the sellers out weight the buyers which is fuel to be squeezed back out on a rally as the buyers heap on the pressure. Watching now for the buyers to prove themselves and build a higher low for an entry setup after a pop up through 1.2034.


Currency Pair : EURUSD

Current Price : 1.2016

Status : On watch for a higher low and buy entry setup