From the level of 1.08924-1.09048 we see some form of struggles between buyers and sellers with the strength of the sellers becoming weaker by the day. Also the French election is likely to favor the current president and with the less dovish stance of the ECB, we choose to remain long if there is an hourly break above 1.08924. Target 30-60pips. Good luck trading.
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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.