$EUR/USD | 4H Forex Trade Setup Update ● Current Status: EUR/USD has rebounded from value area low
6 months ago
1
$EUR/USD | 4H Forex Trade Setup Update
● Current Status: EUR/USD has rebounded from the value area low, and the moving averages are converging upwards, hinting at a potential bullish crossover.
● Technical Indicators: The upward momentum is reinforced by rising momentum, money flow, and VWAP.
● Outlook: Traders are advised to remain vigilant for confirmation of the potential bullish trend, given the convergence of moving averages and supportive technical indicators, indicating a favorable outlook for upward movement in EUR/USD.
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