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Euro / U.S. Dollar
Short
Updated

EURUSD is expected to experience a pullback

635
snapshot


EURUSD is entering a resistance zone, and a pullback is expected. Afterwards, we'll assess the support levels to confirm direction.


GC1!XAUUSDBTCUSDUSOIL
Trade active
Please note that the first profit-taking level is at 1.06680.
Trade active
snapshot

The upper boundary of the support range has been touched.
Note
MACD indicator shows a bearish crossover at a high level, indicating an expected pullback. Due to the current rapid and large magnitude of the pullback, it is more likely that there will be a rebound first before the pullback resumes
Note
snapshot
snapshot
As expected, there was a rebound followed by a pullback, and it is slowly approaching the support line.
Trade closed: target reached
Target achieved, trade closed, waiting for the next opportunity
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If you have sufficient margin, you can now start going long
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Chart PatternsSupport and ResistanceTrend Lines

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.
Chart PatternsSupport and ResistanceTrend Lines
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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.