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Manu76
Mar 2, 2020 5:28 PM

if price break above.... 

Euro Fx/U.S. DollarFXCM

Description

Euro will continue to rise if it is breaking above this level. I see 1.1350 as first target if this happens.

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Euro continuing it's trend up against all technical indications due to the coronavirus plague. Looking to 1.1320-40 as next levels

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Comments
transparent-fx
I will be looking at it from this perspective
Manu76
@transparent-fx, sure it's oversold and well against the resistance now but it's still pushing. All about coronavirus fear. If I look to the indicators I think like you, but if I take them away and look to the last strong move there's a chance to see it just continue it's way up. On my stochastics I see only swings and every time it's supposed to break down it doesn't. Then the stochastics is pointing the new swing higher. But really I don't know how far it will go. Good luck anyway.
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