"...Look for 5:1 RR. I can be wrong 8/10 time yet I'm not gonna lose" PTJ
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EURUSD maintains bullish trend despite post-NFP crash
video EURUSD opened with a slight negative gap on Monday around 1.0780 following Friday’s post-NFP crash, which erased February’s gains and squeezed the price below its 20-day exponential moving average (EMA). Encouragingly, the positive trend from September’s 20-year low remains unchanged above the nearby 1.0760-1.0700 support region. The 50-day SMA and the ascending trendline, which connects all the lows from mid-November, are approaching that area as well. If the sell-off snaps that floor, there are a couple of key levels at which the pair could still gain buying interest. The constraining line from ... (full story)