Here we are on Euro/Dollar daily chart
and as we discussed in our last analysis that this market has broken through weekly/monthly resistance swing level which is nearly at 1.2072. Price had closed very aggressively above it and we are waiting for this market to rotate towards our (value area) new support 1.2072 to begin new bullish
leg from there. We have good confluence factors here which is support our trade scenario, such as Bullish trend
, dynamic support layers 20/10 ema's and static value area. Just wait for price to approach this value area and print any of the bullish
confirmation signals here. safe trading everyone!