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Thread: Eur/usd

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    Default Eur/usd

    The European currency tended to move against expectations yesterday since the real support has risen with the bullish momentum; forming a solid base the euro was able to rally towards the key resistance level at 1.3690s. This move could be a signal for rebounding back towards the general trend after the massive sell-off last week.

    The trading range for today might be between the key resistance level at 1.3750 and the key support level at 1.3630.


    The general trend is up as far as 1.3300 remains intact targets now at 1.3890 and 1.4000.

    buying Euro above 1.3670 with a target at 1.3725, stop loss below 1.3620.

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    Default

    Quote Originally Posted by reky View Post
    The European currency tended to move against expectations yesterday since the real support has risen with the bullish momentum; forming a solid base the euro was able to rally towards the key resistance level at 1.3690s. This move could be a signal for rebounding back towards the general trend after the massive sell-off last week.

    The trading range for today might be between the key resistance level at 1.3750 and the key support level at 1.3630.


    The general trend is up as far as 1.3300 remains intact targets now at 1.3890 and 1.4000.

    buying Euro above 1.3670 with a target at 1.3725, stop loss below 1.3620.
    is this is a signal

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    Red face

    i really dont know where the euro is now headed.
    there is a lot of uncertainty at this moment. in fxstreet ratings.
    80% forecasters is going neutral since the results of greenback gaining value hasnt been so good.

    so.... the currencies are gonna explode to 1 side but in what direction?
    the 1 who bet good, will get the sm_win

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    Default

    I expect buying Euro above 1.3685 with a target at 1.3750, stop loss below 1.3640

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