EURUSD → Retest
Updated
After breaking the support at the 1.11250 level on Tuesday, the euro continued to fall due to bearish pressure.
Right now, that pressure seems to have disappeared and we are in a good zone to look for long positions towards the retest of the previous support.
Guys, what do you think? Leave a comment with your thoughts.
Right now, that pressure seems to have disappeared and we are in a good zone to look for long positions towards the retest of the previous support.
Guys, what do you think? Leave a comment with your thoughts.
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Following the better than expected ISM non-manufacturing PMI data during yesterday's session, the euro made a new weekly low which we took advantage of to add new buy orders.
Today we will have high volatility in the market due to the publication of the non-farm payrolls data.
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