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Fxaxe

EUR/USD - USD Strength Prevails as price tags HTF key levelMarket Update. Bears continue to take control of this market. We've tagged our HTF key level and we're seeing a bounce. We still may see USD lose some gains on the week during trading today. Be careful with the NFP data released today. For our potential break and retest trade setup - we didn't find a retest for our entry. However, one may come next week if USD loses some recent gains. That being said - our directional bias and USD strength has proven to be correct this week.
Short
by Jal121
EUR/CHF - Forecasted resistance at key level Bulls have grabbed a firm hold of this market as we approach long term targets at the top of our previous structure to complete the reversal. We marked potential key levels on our bullish ascent. Price has found resistance at one of these levels. This level was a key level in previous structure - therefore we can expect price to respect this level on the reversal - at least initially. Keep an eye on this pair for the rest of the week - long term targets top of structure.
Long
by Jal121
EUR/USD - Break of Range to the downside?Good Morning Traders and welcome to a new trading week! I appreciate every single one of my followers and I really hope you enjoy my daily analysis! On this pair we can see price trading in a range, potentially heading lower to test the support zone of our range. This week we could see a break to the downside in line with my longer term directional bias. Any questions just drop me a private message. I will do my very best to reply! Have a great trading week!
Short
by Jal121
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