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Dec 8, 2023 8:19 PM

EURUSD Long Bias Long

Euro Fx/U.S. DollarFXCM

Description

EUR/USD has a long bias based on a prevailing uptrend identified through fundamental analysis and trend analysis. Look for a robust support level and confirm bullish momentum. In terms of fundamentals, leading indicators favor Euro zone. Stay alert to global events affecting the EUR and USD. Implement risk management strategies by setting volatility based stop-loss, and the same for take-profit. Adjust position size to your risk tolerance. Keep a vigilant eye on market developments and be prepared to adapt your strategy in response to changing conditions or unexpected events.
FX:EURUSD

Trade closed: stop reached

Trade closed: target reached

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