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BillionsFund
Feb 16, 2019 7:12 AM

Dragonfly doji on daily chart for EURUSD Long

Euro Fx/U.S. DollarFXCM

Description

The bears did not win and in the afternoon the EurUsd gear returned to its initial levels, drawing a beautiful dragonfly doji. The lower shadow is outside the Bollinger bottom band and this is a good confirmation of a possible inversion. If Monday's daily closure will be higher than the 1,1295 zone (where we also have the resistance of the MM7), the trend will actually be reversed.
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