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Fxprotrader
May 14, 2016 8:02 AM

EURUSD Two Possible Scenarios For The Upcoming Week 

Euro Fx/U.S. DollarFXCM

Description

Price in EURUSD tests the lower parallel of a long term channel where we should have some action in the upcomig week. If it breaks above the wedge it's moving in, we should wait for a correction and a buy setup. Otherwise if we have a breakout below the parallel, we look for sell setups. I will update when either scenario happens.
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