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CurranSotomayor

EUR:USD (30m TF) - Potential Rally onto the Upside

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
CurranSotomayor Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Fibonacci Supply and Demand
3
0
trendanalysis fibonacci supplyanddemand
It's Friday, going into our last trading day of the week. For the whole week Euro was dropping and it is time for some corrections, we've made a low of 1.13560 nearly reaching for the mid figure.

We've also tapped into the 88.60% fibonacci level today, and managed to close above it.

USD seems like it's slowing down for the bulls, most likely returning to $96.40.


I'm expecting a strong rally to the upside, potentially going for 50-60 pips.
Trade closed: target reached:
Profitable trade, about 60 pips.
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