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EURUSD Breaks Twelve-Month Resistance, Targets 1.1540
Yesterday I commented on how EURUSD buyers weren’t backing down. The level in question was falling wedge resistance from the March 2018 high. I’ve commented on this wedge several times in recent weeks including the 12th and 15th of March. I even warned EURUSD shorts on March 5th. If you read through those commentaries, it becomes quite clear that I’ve been neutral EURUSD with a slightly bullish tilt. That’s due to the direction of this wedge. Because it’s a falling or descending pattern, it has bullish implications. And in case you weren’t sure about my bias here, I even wrote that EURUSD may be about to ... (full story)
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- Mar 20, 2019 10:31pm Mar 20, 2019 10:31pm
- gbudy
- | Joined Aug 2011 | Status: Member | 25 Comments
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- Mar 20, 2019 11:00pm Mar 20, 2019 11:00pm
- Piptaker64
- Joined Oct 2017 | Status: Bigger The Bait, Bigger The Fish | 5 Comments
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- Mar 21, 2019 12:45am Mar 21, 2019 12:45am
- dani22
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