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ForexTrendline
Mar 5, 2024 6:30 AM

Resistance in EURUSD 

EURO / U.S. DOLLARICE

Description

EURUSD is once again holding on to resistance from previous highs.

There is no change in expectations and we are watching for continuation of the upward trend.

Current levels are not suitable for entry.

It is advisable to enter into buys after a correction or after a breakout.

EURJPY buying is developing and a stop may now be moved.
Comments
FXCM
Great analysis! Price could bounce after the breakout.
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