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Nov 18, 2018 10:12 AM

EUR has kept a monthly bar, one hundred more: Long

Euro Fx/U.S. DollarFXCM

Description

The euro, on the positive statistics of Germany and mixed dollar data, was able to rebound from the monthly lows. Again going into the framework of the previously defined triangle. His upper resistance is not broken, which indicates entry into a flat at this stage and not a transition to growth. In this connection, this week we can expect a rebound and a test of the lower boundary of the triangle, where a new piece of statistics will show us whether this is a retest with a transition to growth in the future or a breakdown of the lower boundary of the triangle and a transition to confident sales of the euro before the end of the month and levels of 1.15 1.1. By still the probability of growth is great. Accurate market entries on my channel.
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