Lingrid | EURUSD Hits DEMAND Zone with LONG Potential
EURUSD has reached the demand zone from which the price surged in August. The market experienced a fake breakout at the 1.078000 level, which may suggest a potential pullback. I believe the market could retrace towards the resistance level because it is maybe overextended, and the DXY has also reached a key resistance zone. On the 4H timeframe, the market has formed a bullish divergence, indicating a possible correction in the market. My target is resistance zone around 1.09190
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