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olly48
Jan 16, 2021 5:03 PM

EUR/USD Correction is a good time to buy Long

Euro / U.S. DollarFOREX.com

Description

This has nearly reached 0.382 Fib, previously it has found support here. Previous resistance is at 0.5 Fib which is the furthest I can see this dropping to. So either of these could be good levels to long at. Take profit is at -0.272 Fib which matches the previous high on the 16th February 2018 1.25554
Comments
KnownAsK
Nice! For now I’m short on eu all the way to 1.2 level then I’ll see how price reacts on that resistance
AlkalineFX
Let's do this
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