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Aug 3, 2020 10:11 AM

EURUSD WEEKLY LONG - wait 

Euro Fx/U.S. DollarFXCM

Description

Bullish break of resistance with MA cross on weekly charts should see further upside. Large bullish candle posted on monthly chart gives long bias. Price turning over daily chart however. Wait for completion of corrective behaviour for long entry around 1.15, stop at 1.13 (-1R), target 1.21 (+3R) which is Fib level on monthly chart.
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