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KrunchieKilleen
Jan 20, 2022 11:18 PM

EUR/USD is moving within an upward sloping range Long

Euro Fx/U.S. DollarFXCM

Description

My previous long-term Resistance Line A, though not yet breached, is quite irrelevant now, as I see the security moving within the orange-tinted range bound by Resistance Line B and Support Line C. The security will probably dip but, receiving Support at Line C, it is now unlikely to fall very far below $1.12. The over-all direction is up, but it will, of course, swing up and down within the range.
Comments
SabahEquityResearch
nice analysis. whoever I believe we will fall on this one much more
KrunchieKilleen
@CountLikeWallStreet, I would not bet on it. Every day that passes sees the Resistance Point rising.
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