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mohamadrezaa_
Apr 4, 2021 5:57 PM

EURUSD strong support is close 

Euro Fx/U.S. DollarFXCM

Description

Looking at the monthly and weekly chart of EURUSD, we can see the price level of 1.148 to 1.163 has acted heavily as a support and resistance line with multiple collisions. So in daily or 12H timeframe, any sign of momentum divergence in bearish move can be interpreted as a reversal sign and it's a buy signal with the target of 1.225. I will post the daily signal in later posts.
Comments
TebohoMaruping
Nice and easy to understand chart.
mohamadrezaa_
@TebohoMaruping, thanx, I try to avoid complicated charts cuz most of the times they're misleading
Fibostorm
This is good
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