The currency pair is likely to start its reversal today to continue the upward momentum. To do this, the price mainly needs to overcome the resistance level of 1.14836. Today's target is level 1.14357.
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Are Elliott waves pointing to a military incident in Europe? Gotland is a Swedish island in the middle of the Baltic Sea, commanding a key strategic position. In 1915, the Battle of Gotland was a crucial moment in The Great War, with the navy of the German Empire being defeated by that of the Russian Empire. Assisting the Russian navy that day was a British submarine. It’s fair to say that such an allied arrangement is unthinkable today.
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MMBTtrader
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we can expect rise here
DeGRAM
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What do you think about my technical analysis?
EDIN-DANMARK
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@DeGRAM, I have one question on uour chart you draw that we will rise around 35 pip ? Is that correct or I see wrong on your chart?
DeGRAM
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@EDIN-DANMARK, The target is 1.14357 and from current prices it is about 40 points (400 pips)
EDIN-DANMARK
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@DeGRAM, and you sl will be 5ponits/10 points or more? I would like to figure out your ideology of trading?