EURUSD: About to Potentially reverse near that demand zone ??

Hello traders , New month , new opportunities . Today I'm sharing my point of view concerning EURUSD . This is not a financial advise , this is just my point of view and in any case should be used as an vehicle of investment . comment your point of view , please do like, comment & follow for more content .

Technically

Ay you can see EURUSD Is testing those 2017 lows . This area is in confluence with that massive demand level . By other side DXY IS sitting in a massive Supply zone by negative correlation if that area act , or any catalyst fundamental reason push DXY to correct , EURUSD CAN REVERSE.
As you know bottom fishing is an specific way of gambling , we must wait proper confirmation before even taking any kind of action , also because it might take time . just keep in mind that everything is possible and due to the fact that right now EURUSD IS cheap , it's a good deal to buy , not to sell

Fundamental

EUR BULLISH

• ECB hawks are waking up
  
• Energy emergency program could drive more flows to Europe
  
• The only way is up for rates
  
• The most important takeaway from ECB is its optimism
  
• The Fed is more dovish than the ECB
  
• The vibrant and robust economy may be in Europe
  
• German Bunds set to head higher
  
• ECB opens the door to squeezing bond buys if conditions improve
  
• Lagarde calls that the downside risks are "less pronounced"
  
• Lagarde's mentions of the exchange rate remain muted
  
• ECB extends PEPP through March 2022
  
• Strong demand for EU’s first social bonds
  
• ECB throws off dovish tone