holeyprofit

Long EURUSD into the 76 retracement.

Long
FX:EURUSD   Euro / U.S. Dollar
There's been much hoorah over the recent USD bull move, but I think we actually broke USD supports recently (I posted longs at the time and they were stopped out). After breaking a support it's very common to have a sharp counter rally to retest the break.

Typically these are aggressive moves that end at the 76 fibs. If this is a correction, this is where we should see the bulls come back into EURUSD.

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