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Quoting Js3mwtRc

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The EUR/USD continued its bounce above 1.1605 resistance yesterday after briefly dipping below 1.1556. For now, 1.1658 resistance is capping the pair from further gains towards 1.1682 or 1.1700. However, a failure to get above 1.1658 will see it trading towards 1.1600 or lower, to 1.1580, again. Have a great day! Daily volatility (range) 58 pips Option expiries for Friday: 1.1600 (EU2.33b), 1.1700 (EU1.38b), 1.1850 (EU1.19b) source: financialjuice.com Significant news - US Housing Starts & University Michigan...

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Quoting johncen

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{quote} pa appeared it is forming a bottom but i guess it is to trick the bull. i m mixed about this bounce, we may gather extra liquidity if we bounce above 1640 towards 1670 area. but on the other hand if we failed to touch those area also shows bear momentum remain strong. i m still leaning towards bear. not much news today but it is Friday, anything can happen with Trump. i will be keen to see the weekly close which should indicate where we want to go next

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Quoting ianlikesgolf

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EU 80 pip range bar close at 1.1637. may be a good 80 pips short after that bar can also fail to close by not reaching there and close to the downside below yesterdays low. {image}

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Quoting Js3mwtRc

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{quote} Hi ian! What success rate do you have trading these 80 pips bars?

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Quoting ianlikesgolf

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{quote} Hi Mr. J . they are really good amyc used them. her posts with searching range bars is welll worth the look. this post below is a good example https://www.forexfactory.com/thread/...39#post4127939

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Quoting Js3mwtRc

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{quote} Good morning johncen! Yes support is strong after good us news failed and some sellers trapped! The lower zone looks a good level for longs but any negative news bomb might send it to 1.1500. So using small lot is wise, the trend is still down!

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Quoting johncen

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{quote} good day mate~ happy Friday, bull looks convincing for now, may go higher i guess. i do hope bear show up later.

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Quoting Js3mwtRc

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The EUR/USD continued its bounce above 1.1605 resistance yesterday after briefly dipping below 1.1556. For now, 1.1658 resistance is capping the pair from further gains towards 1.1682 or 1.1700. However, a failure to get above 1.1658 will see it trading towards 1.1600 or lower, to 1.1580, again. Have a great day! Daily volatility (range) 58 pips Option expiries for Friday: 1.1600 (EU2.33b), 1.1700 (EU1.38b), 1.1850 (EU1.19b) source: financialjuice.com Significant news - US Housing Starts & University Michigan...

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Quoting Js3mwtRc

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{quote} Inside the selling area! It can go to 1.1610 at least but not if breaks above.

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Quoting johncen

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{quote} yea reached the selling spot, i will look for signals! But it may burst through to 1.1670 usdx unable to break 99 it may drop to 97.60 if eu bull is really strong!

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Quoting Js3mwtRc

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{quote} 98.00 - 98.25 should support for now!

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Quoting johncen

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{quote} yea hopefully it can stop the bull

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