Reason for Buying EUR/USD :
1. EUR/USD is moving up and down between the range levels for long time in H4 Chart.
2. EUR/USD reaches the bottom zone after a long time.
3. As per our analysis, we expect bounce back from the bottom zone. Yesterday, EUR/USD bounce up and went +400 points profit, however it doesn’t reach our target.
4. Today, EUR/USD again starts to come down for retracement.
5. EUR/USD is making more swings (up and down movements) between our target and entry price levels for long time. it shows that buyers (or) sellers is not enough to make big moves continuously. We recommend the members to close the EUR/USD buy trade at our entry price levels.
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