FX:EURUSD   Euro Fx/U.S. Dollar
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By following historical movement of EUR/USD             I am trying to forecast the future possibility
You are the first to convience me why the price might bounce off at 1.32000
Because I think it is more likely to go with your red arrow to 1.30000
Personally, I have many shorts on this pair and TP is placed at 1.30500
Reply
Syed rusan nawras.elghorani
Hello Bro, yes you are right
Don't be afraid about green arrow. I am just trying to forecast every single possibility. I think there have a little possibility to turn it above.
If it will turn to above I think it will turn back again after touching the resistant line. To make you concept more clear
you can check my another forecasting on EUR/USD by following 4h bar.
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