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AndreyB
Aug 7, 2013 11:19 PM

Multiple Resistance at 1.34 

Euro Fx/U.S. DollarFXCM

Description

Hey Guys..
We have a trendline resistance + Horizontar Resistance up at 1.34.
There is not much air from 1.33 to 1.34 if break 1.33

If you have already long positions...hold them till 1.34 and than looks what happens, if it falls and trend changes than close. If trend continious and we break even 1.34 ... have fun :P

If doesn't have any opened position. I would advice you to wait till we reach 1.34 and looks what happens there.

BUT

If we first correct to 1.32, i would think about looking for long signals there
Comments
AndreyB
Support level reached..thinkig about long
AndreyB
so far so good..
i don"t know if short is a good idea...lets see
KevinT
I have short..........
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