forex_meister
Long

EUR/USD - bouncing of support

FX:EURUSD   Euro Fx/U.S. Dollar
197 0 3
EUR GDP numbers were lower than forecast, but not so much lower.

Result would have been a drop in EUR/USD             but thats not whats happening. Support has been tested several times and kept up. In my view, this currency has been oversold and has reached bottom. I forecast a bull market, taking profit at 1.3490 ( daily chart ) or 1.3410 (4hour chart)
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