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EUR/USD Bounce Continues as EUR/JPY Breakout Pulls Back
It’s not exactly a bullish trend in EUR/USD but given how aggressive sellers came in around the Q4 open, the past few days of price action represents a change-of-pace. I had looked at a big spot of support for the pair in last Tuesday’s webinar, and that came into play on Wednesday. I wrote an article about it at the time and at that point, it looked as though that support could give way at any moment. But – it held and led to a bounce on Thursday that was faded out to a degree on Friday. But – so far sellers have been unable to test that prior low and prices have held above the 1.0765 support level. Given ... (full story)
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- Oct 28, 2024 11:56am Oct 28, 2024 11:56am
- starfxs
- | Joined Oct 2024 | Status: Junior Member | 8 Comments
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- Oct 28, 2024 2:09pm Oct 28, 2024 2:09pm
- joniwalker
- | Joined Oct 2024 | Status: Junior Member | 2 Comments
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- Posted: Oct 28, 2024 10:55am
- Submitted by:Category: Technical AnalysisComments: 2 / Views: 5,797
