EUR/USD actually found a reason to grow after trade war escalation. The pair gained the 0.618Fib from the last falling impulse and reached MA25(blue). The next resistance is MA55(red) that is 0.786Fib at 1.1130
Support is the same levels 1.1100(0.5Fib) and 1.1030.
The MA25 breaching is a signal point for me to buy with the targets of 1.1130 and 1.1160
I suppose that 1.1030 level reaching and breaching will be a strong sell signal with the target of 1.1000 and 1.0900 further.
Support is the same levels 1.1100(0.5Fib) and 1.1030.
The MA25 breaching is a signal point for me to buy with the targets of 1.1130 and 1.1160
I suppose that 1.1030 level reaching and breaching will be a strong sell signal with the target of 1.1000 and 1.0900 further.
#Anthonywins
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