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Euro / U.S. Dollar
Updated

EURUSD 4H

148
Price came down to retrace nicely, now looking for potential long entries at the ascending trendline, or a break for a deeper pullback. Big news tomorrow for both the US & euro PPI numbers in the morning. Will this pair see multi year highs soon potentially reaching 1.23500?! Lets observe.. : )
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snapshot DXY DAILY: potential pullback to daily resistance / Counter trendline for potential shorts
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snapshot price closed on the 50% fib, if a full retrace to the ascending trendline does not happen I will watch for a break of the CTL (Blue line) for entry as well
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price is now in route, first target 1.20800
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snapshot another touch to the ascending trendline, price remains bullish. Holding over the weekend
Profound_Ambition
bounceeuroEURUSDhigherhighnewhighspullbackretestSupply and DemandSupply ZoneSupport and ResistanceTrend AnalysisDJ FXCM Index

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bounceeuroEURUSDhigherhighnewhighspullbackretestSupply and DemandSupply ZoneSupport and ResistanceTrend AnalysisDJ FXCM Index
Profound_Ambition

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.