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Euro / U.S. Dollar
Long

EURUSD: Direction is Chosen

1 829
snapshot

EURUSD broke and closed above the resistance line of the horizontal decision range.
now the breakout is considered to be confirmed, and it is a clear bullish sign for us.
the expansion to 1.2 level is highly probable.

however, note that the last few candles are very weak.
it looks like the market is relatively overbought after a breakout.
for that reason, look for an entry on a retest.

good luck!
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CurrencieseuroEURUSDforecastForexTechnical IndicatorsmoneySupport and ResistanceUSDDJ FXCM IndexUSD (US Dollar)Wave Analysis

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CurrencieseuroEURUSDforecastForexTechnical IndicatorsmoneySupport and ResistanceUSDDJ FXCM IndexUSD (US Dollar)Wave Analysis
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Also on:

Related publications

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.