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Euro / U.S. DollarUpdated

EURUSD ona distribution phase 🦐

EURUSD on the 4h chart is moving in a range between 2 structures.
The price in fact is bouncing from the lower support qat the 1.09500 and the upper resistance at the 1.10800.

EURUSD is in a bullish trend since from a few months but at this stage some retracement can be expected.

According to Plancton's strategy IF the price will break below we can set a nice short order.
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snapshot testing the support area
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snapshot breaking below as expected
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snapshot as expected
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snapshot expected bearish move
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snapshot possible lower low ahead
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snapshot lower low as expected
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snapshot as expected
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snapshot bounce over the support
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snapshot retest of the support
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snapshot new low need a confirmation
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snapshot lower low confirmed
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snapshot 2% profit
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snapshot waiting for a lower low
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snapshot test of the 1.07000
InkyGrip
Trend Analysis
InkyGrip

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