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jhakas
Jan 21, 2016 7:33 AM

Buy The Breakout of Euro Long

Euro Fx/U.S. DollarFXCM

Description

Red Line is Resistance TL.

Left side weekly candles remain long below 1.1065

Right side weekly candles once again below 1.1065

Euro is now @ Verge to break 1.1065 will open doors of 1.13 and 1.15 again.

Below 1.08 will open doors of 1.055.

From Price Action, Euro is bullish and do not want to head down but today is ECB.. and fundamentals can drive euro any side..

Eurgbp is key to Euro bullishness... I see eurgbp going 84 and high in coming weeks.. and thats the reason euro is so RESILIENCE.

I see euro breakout today on upside.. due to my bullish view on eurgbp...

Time to buy breakout...

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Euro Sell Deal month ago..

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