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| EUR/USD SIGNALS |
SUMMARY:
The major trend of EUR/USD is bearish, but prices are
not sustaining at lower levels, we can expect a short term recovery
in the pair for next few trading session. Today if the pair breaks
the important level of 1.1365 at upside then we can expect it to
test the level of 1.1395/1.1430. Prices are taking support of 30 SMA
& can come up to test the falling trendline.
RSI is also
sustaining in buying territory supporting the ongoing trend. MACD
line is to break the zero line,indicating the up trend in the market.
STRATEGY :
EUR/USD is not sustaining at lower level & looking bullish on
charts. One can go for buy on dips strategy for this pair for intra
day to mid term positions.
EUR/USD
( HOURLY )
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| EUR/USD Charts |
PIVOT POINTS:
