EURUSD - possible long

Fundamental: Last news from the US was bullish for DXY and accordingly bearish for our pair. Watch out for Wednesday as FOMC news will take a place there.

Technical: Last 40-45 days EU price was between 1.19 and 1.17 range. These figures were not only channel as you can see, support and resistance lines also. We have to wait reversal signal at the bottom of the channel with a solid green candle to enter for long trade.

I am thinking to enter at 1.17 area with SL at 1.1655 level. What do you think guys? Share your thoughts?

Do please your own analysis before entering to any trade.