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EUR/USD: TRADING RECOMMENDATIONS

EUR / USD stays beneath the stress of the strengthening greenback, and a breakdown of the native assist degree of 1.1710 could set off its deeper decline. A break of the long-term key assist degree 1.1620 might lastly break the EUR / USD bullish development (see additionally  “Basic Evaluation and Suggestions”)

In another situation, and after consolidation within the zone above the resistance ranges of 1.1880 and 1.1925, we must always anticipate renewed development in EUR / USD.

The primary sign for the implementation of this situation could also be a breakdown of the essential short-term resistance degree of 1.1819, and distant development targets are situated at resistance ranges 1.2260, 1.2340, 1.2450, 1.2500, 1.2580 (Fibonacci degree 61.8%), 1.2600.

 

Buying and selling Suggestions

Promote Cease 1.1760. Cease-Loss 1.1830. Take-Revenue 1.1710, 1.1620

Purchase Cease 1.1830. Cease-Loss 1.1760. Take-Revenue 1.1880, 1.1917, 1.1925, 1.1965, 1.2065, 1.2180, 1.2260, 1.2340, 1.2450, 1.2580, 1.2600

*) EUR/USD:  Present Basic Evaluation and Market Expectations

**) essentially the most up-to-date “scorching” analytics and buying and selling suggestions (together with entries into trades “by-the-market”) – https://t.me/fxrealtrading

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