EURUSD levels below 1.20 are good for long positions

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Thread: EURUSD levels below 1.20 are good for long positions

  1. #151
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    EURUSD levels below 1.20 are good for long positions
    It's pretty bearish as I thought it would be, I think it will likely drop to 1.1550 next.

  2. #152
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    It bounced off from 1.1590, so for now the consolidation continues. I still think the overall trend is bearish though.

  3. #153
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    It is quite bearish again today, but it is yet to break out below 1.1600 properly. I think it is a matter of time though.

  4. #154
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    I was convinced the move south would continue but clearly the correction is not over yet and I was wrong. It looks like next target is around 1.1700.

  5. #155
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    Now it's back to 1.1570, the consolidation clearly continues. I doubt it will end this week.

  6. #156
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    Let's see whether the consolidation will continue into next week.

  7. #157
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    As I thought, the consolidation continues. Next target is likely at 1.1600.

  8. #158
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    I think once the results of the Fed meeting become clear we will see a clear direction. Until then we'll just have to sit and wait.

  9. #159
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    The FOMC statement should come out soon, I doubt we will see any major movements before that.

  10. #160
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    in ro ham eslah kon:
    It broke out below 1.1550, I think it will continue depreciating to 1.1500, perhaps even below that level.

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