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Euro-dollar

EURO_DOLLAR TRADING PLAN|TECHNICAL ANALYSIS! EUR_USD has respected the support confluence and is surging upwards. The strong bullish movement in ongoing, that is most likely a reaction to the US presidential elections. All the long opportunities are gone as far as I am concerned, so we will be looking at a short opportunities. A good area for potential shorts is the confluence of the resistance lines ahead of the price. Thus, we are waiting for the price to go higher, and then start looking for the reversal clues. IF the current resistance is broken, next on in line would be the previous higher high of the "covid" bullish movement, But I will be making a separate analysis if the price reaches this level. Thanks for wathching! Like and Subscribe to never miss a new video! See you all then!
Short
by ProSignalsFx
1
EURO_DOLLAR TRADING PLAN EXPLAINED|4:1 RISK-REWARD EUR_USD has found a support at the previous lower low level and has broken the falling channel resistance level. The breakout is confirmed and so we are all aiming at a long trade. For a long trade, we need a pullback from the current highs , and then we go long from the level that you can see on the chart. A great trading opportunity with the first target offering 2.5/1 risk reward ratio. Thanks for watching! Like and Subscribe to never miss a new video! See you then!
Long
by ProSignalsFx
1