Weekly Forex Forecast for July 27 – 31, 2020
From dailypriceaction.com
EURUSD bulls have had a heck of a month. I wrote about the bull flag pattern on July 6th. I also told DPA members I was buying the pair when it was trading below 1.1300. My target was 1.1600, which came to fruition with last week’s rally. You can also see how EURUSD is testing the top of that multi-year wedge pattern that I’ve been discussing for months. {image} This may be a surprise to some, but I didn’t exit my long position last week. I still have my EURUSD long from 1.1299. Buyers showed no signs of slowing on Friday, so I decided to keep the position on for the coming week. More specifically, I want to see if ...
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