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snour
Jun 10, 2023 10:10 PM

EURUSD, above 1.08 will target 1.11 Long

FX:EURUSD1D
Euro Fx/U.S. DollarFXCM

Description

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On the daily chart, EUR/USD is most probably testing 1.07, the rebound to 1.08 and 1.11.
Stop loss below 1.07, or the ascending red line.

Trade active

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first target 1.08 was done .. :)

Trade active

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second target 1.11 was done, and beyond :)

Trade closed: target reached

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1.12248 Nice
Trend AnalysisTechnical IndicatorsEURUSDeur_usd
Comments
TheFxAce
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Fascinating bullish setup. Could you share more on your strategy for this setup?
snour
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@TheFxAce

Thank you :)

RSI and MACD technical indicators were supporting each other, crossing up direction, and in the buy area.
leenbilalmoh
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Sir please update for Friday trading day
snour
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@leenbilalmoh

Tech. indicator RSI is showing oversold on the daily chart.
I think, it is time to sell.
snour
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@snour * correction: overbought
eur/usd is tending to going down.
snour
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@leenbilalmoh

Tech. indicator RSI is showing overbought on the daily chart.
I think, it is time to sell.
leenbilalmoh
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I hope that I believe in dxy correction
snour
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Target 1.11 was done.
My idea was based on having both technical indicators RSI and MACD confirming each other in the positive up direction.
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