EURUSD possible next trend

9 May 2020

As we seen on the chart EURUSD having strong support at the bottom so be possibly looking for an uptrend as followed above. If the chart breaks the support line below, this analysis won't be useful. The safe entry is when it breaks the money zone and retest on it and also it should have strong rejection at money zone near the end of wave 4. Please use proper money management and don't use more than 2% of your balance. Happy Trading.