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EURUSD (D1) - Wait to key Poin (If)

Euro / U.S. Dollar (OANDA:EURUSD)  
forex47_ Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Support and Resistance Fibonacci Oscillators EURUSD tradingsignals
1
0
supportandresistance fibonacci oscillator eurusd tradingsignals
  • RSI negative divergence at bottom (1.15286)

  • The resistance area (1.16522-1.16744) still strong

  • The decline (correction) to the Fibonacci Retracements (0.5) area is necessary
    and does not indicate whether the pair continues to rise or fall

  • So, we expect more of an increase and at least return to the 1.165221.16744 zone,
    but not to Buy or Sell now!

  • In case the pair rises out of this zone (Higher 1.16744 with strong rise candle),
    will buy with the target at 1.18851

  • In case the pair falls out of this zone (Lower 1.16522 with strong fall candle),
    will Sell with the target at 1.15472
Comment:
Candlestick force is quite strong, surpassing the resistance area, so wait for a retest to execute a Buy order
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