EUR/USD Moves Up If 1.1700 Holds

The EUR/USD could move up if the 1.1700 holds. At this point, the pair is at support.

The zone is just above the M L3 camarilla pivot. We can see that the price has made 3 higher lows and on a daily TF, this looks bullish. From the R:R perspective, we could see a good trading opportunity towards 1.1968 levels. Watch for a bounce and continuation if the market keeps the price above 1.1700.

(Click on image to enlarge)

 

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