My comments are not to be taken as trading advice, not a financial advisor
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EURUSD: Buyers Aren't Backing Down This Time
My interest in EURUSD has increased tenfold in recent weeks. Not because the pair is producing quality setups. Far from it, in fact. No, I’m more interested now because the year-to-date price action is signaling that something more significant than a 200-pip range is in the works. I first pointed out a possible falling wedge here on March 5th. That pattern could be the start of something more significant from euro bulls. It’s difficult to imagine, I know, but crazier things have happened. Much of my sentiment and criteria for a bullish move remain the same. To keep things simple, EURUSD buyers need to secure a ... (full story)
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