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Thread: Short term (Intraday) EURUSD

  1. #1
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    Default Short term (Intraday) EURUSD

    EURUSD
    Short term (Intraday)

    1,3660. EUR USD broke 1,3740 support. EUR USD is in a consolidation after the last bearish movement. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The price is just above 1,3650 support. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should find a support above 1,3650. If the support is broken then the target will be 1,3600 (60 pips). We won't take a position. The risk/reward ratio is too high to take a position..

    Resistances

    1,3675 - 1,3710

    Supports

    1,3650 - 1,3620

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    Default

    it seems to me it is an uptrend

    it will go to 1.3740

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    Default

    for today today 20 aug i suggeest buying Euro above 1.3468 with a target at 1.3530, stop loss below 1.3420

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    Default

    Quote Originally Posted by ALiR View Post
    for today today 20 aug i suggeest buying Euro above 1.3468 with a target at 1.3530, stop loss below 1.3420
    I see an uptrend today in 20 aug

    but is this is a signal

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