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FX:EURUSD is reaching for a daily demand zone where the institution will be looking to add more sell orders and possibly bring this market down. on the higher time frame- we have a invalid weekly demand and a fresh daily demand zone. in order to take this trade short, we will have to wait for the daily trend to extend a bit more, fallow by slower momentum because...
CADJPY IS RESPECTING THIS TREND LINE AND IS ALSO FOLLOWING OIL TO THE TOP OF THIS RANGE SHOWING GREAT SIGNS IN STRENGTH FOR THE CAD. WE ALSO HAVE THE JAPANESE INDEX CURRENTLY IN AN UPTREND. GIVING US MORE CONFIRMATION FOR THIS LONG POSITION
FALLOW US.
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WE ARE ABOVE A DAILY DEMAND AND HAVE BEEN CREATING NEW HIGHS IN THIS MARKET SINCE LAST WEEK.
I WILL BE LOOKING FOR ONLY BUY POSITIONS ANYWHERE ABOVE THE 110.000 PRICE.
FALLOW US .......
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