I found a fake breakout of the yesterday's low at 1.1175 and hidden bullish divergence on the moving average oscilator. My play for the day will be to buy EUR/USD near 1.1190 with targets at 1.1220 and 1.1230
Trade Safe Petar
Comments
marcelchacal
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Hi Petar. For this analysis did you consider the today USD news (Initial Jobless Claims) like the one that did for EURUSD today? I noticed in you analysis that you yesterday High and Low are very important too.
Best Regards,
Marcel.
PetarJacimovic
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@marcelchacal, Hello Marcel,
This was intraday position and for yesterday we didn't have any big event for USD.
Best Regards,
Marcel.