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. #241
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    EURUSD levels below 1.20 are good for long positions
    It bounced off 1.1120 as I suspected it may, but this may be just a pullback to attempt a new breakout of that support level.

  2. #242
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    It rallied back above 1.1240. It looks like the range will continue yet again.

  3. #243
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    It's back in the range and it may rally back toward 1.1380, unfortunately.

  4. #244
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    It rallied back to 1.1450 and it remains quite bullish. Let's see whether it will climb above 1.1480.

  5. #245
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    It tested 1.1480 again but it is yet to break out above that level. If it does, I may open a new long position.

  6. #246
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    Let's see how it will develop next week and whether we will finally see a breakout above 1.1480.

  7. #247
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    Let's see how it will develop next week.

  8. #248
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    It's struggling to break out above 1.1480. It looks suspiciously like a double top, unfortunately. I hope that is not the case, because if it is that would mean a new move south.

  9. #249
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    It looks like it bounced off from 1.1480, which proves to be a pretty stubborn resistance, so for now it's still stuck in the range.

  10. #250
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    in ro ham eslah kon:
    It's stuck consolidating around 1.1430. Since it's still within the range we may see yet another move south soon.

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