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theselfishtrader
Jul 10, 2017 8:37 PM

EURGBP - Bullish breakout Long

Euro Fx/British PoundFXCM

Description

Price has twice tested resistance, but has not fallen far.
With a 3rd test of resistance, I am anticipating a bullish breakout to the upside.
The ADX is skyhigh showing great strength in this pair, and I would not be surprised to see price reach 0.91 and beyond.
The RSI is also not yet overbought, although close.
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