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. #171
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    EURUSD levels below 1.20 are good for long positions
    It formed a very obvious doji candle on the daily time frame around 1.1300, so we may see a correction now after all.

  2. #172
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    It barely managed to move north and is now back to testing the support at 1.1250. The pair is very bearish still.

  3. #173
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    Let's see whether it will continue moving south next week.

  4. #174
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    The pair continues depreciating this week, as I thought it may, next target is likely around 1.1200.

  5. #175
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    It found some support at 1.1230 but it remains quite bearish for now. So far I don't see any signal that it is about to start a major correction.

  6. #176
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    It dropped below 1.1200 as I thought it may. The last low is all the way down to 1.0630, formed in March 2020. It'd be interesting to see if it depreciates to that level eventually.

  7. #177
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    It looks very bearish, I agree. We'll probably see it depreciate below 1.1300 soon.

  8. #178
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    It pulled back from 1.1200 and I think next week we may finally see some correction forming.

  9. #179
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    Let's see how it will develop next week.

  10. #180
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    in ro ham eslah kon:
    The correction started in Friday and next week we may see it rallying to 1.1400.

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