EURUSD

Quoting PatienceFx

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there is no logical reason to sell, sentiment is strong bullish {image}

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Quoting Leesi

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{quote} What is the low u expect??

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Quoting PatienceFx

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{quote} just plot your fib levels as ema on chart and decide yourself

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Quoting Js3mwtRc

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This is what I will look for today, ECB is the risk event - Daily ATR, 64 pips. {image}

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Quoting Js3mwtRc

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{quote} I expect more downside below the high of the day at 2044. {image}

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Quoting Leesi

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{quote} Fib give lot of levels.. Where u think the low as you are quiet bullish?? Any level u think which it will not break today?

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Quoting PatienceFx

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{quote} i use 62, 138, 162, 238 i am waiting for friday cot update to decide my next move ; 1.21 should guide ; unless there is any strong usd event

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Quoting EvilEye

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Looks like the buy side is a washout, which means the head-shoulders readout was accurate. Staying out until next cycle starts

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Quoting TudorIoan

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{quote} Ok, I was wrong all along. H&S works better for a trend continuation and backed by some fundamentals, and that one on H1 doesn't look like it. I better stick to post only my daily/weekly S/R levels ...they use to work once Although the ECB Press Conference is not anymore what it used to be, Legarde might come up with some mixed news about vaccination rate, employment, output... Anyhow, monetary stuff is definitely unlikely to rock the euro. The point is that we can see little range silence before the ECB, so S/R levels...

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