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Nov 8, 2020 11:30 PM

EURUSD Analysis November 8, 2020 Long

Euro Fx/U.S. DollarFXCM

Description

ON the monthly timeframe we are testing a level of resistance currently. Last week we formed a bullish engulfing candle to close out the week telling me that there are more buyers than sellers in the market. We are looking to continent with daily market structure which is showing as bullish. On a lower timeframe we will look for HL opportunities at the random line levels that are marked.
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