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EURUSD reaches the light at the end of the tunnel
EURUSD is tackling the 1.2112 high after thrusting above the flattening 100-day simple moving average (SMA), which was recently capping gains of the pair’s rally off 1.1703. The 100- and 200-day SMAs are still sponsoring the bullish picture, while the negative bearing of the 50-day SMA has somewhat subsided, giving additional credence to the recent price ascent. The Ichimoku lines are reflecting growing positive momentum, as are the short-term oscillators, which are skewed more to the upside. The MACD, in the positive region, is strengthening above its red trigger line, while the RSI is battling the overbought ... (full story)
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- Apr 26, 2021 7:07am Apr 26, 2021 7:07am
- Bakker
- Joined Jun 2011 | Status: Member | 3247 Comments
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- Apr 26, 2021 9:13am Apr 26, 2021 9:13am
- KeenPips
- Joined Dec 2015 | Status: Member | 152 Comments
Do your homework, follow the footprints of smart money
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- Apr 26, 2021 9:33am Apr 26, 2021 9:33am
- Bakker
- Joined Jun 2011 | Status: Member | 3247 Comments