EURUSD ShortHey Guys, We have analysed this swing trading opportunity on EU. This currency pair continues its bearish trend after breaking strongly through the support level of 1.17 last week. It consolidated slightly after this but not looks to continue its move lower creating lower highs. The target for this trade is 1.14438 with a 3/1 Risk Reward.
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Bullish USDJPY Week 41Keeping a bullish bias open for this currency pair. After a strong week last week for the US Dollar we are hoping for continued strength against the Yen this week. Structure has been forming nicely since this uptrend began in mid - September, the daily support level of 111.705 could be once again retested before we see a push upwards towards our overall target of 114.0-114.500.
Will Euro continue Bullish TrendHey Traders, over the next week we are looking for more Euro bullish movement against the US Dollar. The minor structure support level of 1.18020 has been respected and therefore we look for it to hold support once again. Target for this trade is 1.19031 which is a monthly resistance area. I will update the progress of this trade on our Instagram page so go follow that for more details.
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