The Market is always right
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EURUSD: Bearish Reversal Underway With a 1.1300 Target
Yesterday’s session confirmed what we have suspected since early September – that the EURUSD was topping. It’s been a topic of discussion since the September 8 bearish pin barfrom 1.2040 resistance. Then came the combination of factors that suggested an imminent move lower. The September 25 close below ascending channel support sealed the deal and opened the door to 1.1670 support. All of those scenarios were merely a precursor to yesterday’s breakdown. I mentioned it last Friday and again in the most recent weekly forecast how sellers needed to secure a close below 1.1670 to open up downside targets. But the ... (full story)
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Everyone can see the chart, but only a few can actually read it.
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Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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