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Euro / U.S. Dollar
Long

EURUSD Daily - on the way up

By Sham_FX
Updated
Daily trend on the upside. Awaiting key level 1.1800 to be rejected before entering the trade. That is also the Golden Fib area. I expected a bounce up from here. Risk/Reward is 1:5. Lets see what happens.
Comment
Trade not active yet. awaiting a clear rejection before entering the trade. Remember, its not just about getting into the golden fib area, but it must also show a clear rejection before entering the trade.
Trend Analysis

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