Keeping the downtrend at the EURUSD, the quote rebounds in the demand zone at 1.17264 making a retracement to the 0.236 fibonacci level wich match with the first supply zone waiting for the MACD to confirm the shortselling entry.
@TheSmartInvestor, we have to wait for confirmation, why do you see the quote is going to go up?
TheSmartInvestor
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@reembegil, I havent actually been trading forex for a while, but EURUSD has broken important 'key resistance levels' and seems like it will keep going up.
reembegil
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@TheSmartInvestor, I agree with you, I am waiting to have a decent price to go long