The EURUSD is trading in a short term range. What we need to take in consideration is that the range in which the EURUSD is trading right now, was establish during a bullish market condition, this means that we should only consider long opportunities:
And of course, the best level to go long is the bottom of the range (if we get to see some pressure around that level).
Only long opportunities are in play, as long as the EURUSD keeps trading above 1.3130
Tags: EURUSD Analysis