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MujkanovicFX
Oct 12, 2019 9:58 AM

EUR/USD PULLBACK PROVIDES NEW BUYING OPPORTUNITY Long

Euro Fx/U.S. DollarFXCM

Description

1. After breaking above a bullish wedge pattern and ending a 5-wave move, EUR/USD under buying pressure

2. Progress in US-China talks putting pressure on the USD

3. EUR/USD completing a pullback to a previously-broken resistance level around the 1.1020-30 level, which may send the pair further up.
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