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olly48
Feb 18, 2021 9:47 AM

EUR/RUB At Support Long

Euro / Russian RubleFOREX.com

Description

This is at a support level which has previously seen this reach the top of a range between 92.500 and 94.000. Before entering any longs we need to see MACD rise above 0 which would suggest this is returning to a bullish trend. Also EMA's cross for long will help confirm this further. If these indicators are confirmed then target is 92.509 with SL just below the low of support.
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