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EUR/USD: Trading Plan for the U.S. Session on November 8th (Review of Morning Trades). The Euro Struggles to Rise Above 1.0792
In my morning forecast, I highlighted
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In my morning forecast, I highlighted the 1.0792 level and planned my trading decisions around it. Let's examine the 5-minute chart to review the events. The pair rose to this level and experienced a false breakout, providing an entry point for short positions. This led to a minor 15-point decline before the pressure eased. The technical outlook for the second half of the day remains unchanged.To Open Long Positions on EUR/USD:Given the lack of significant Eurozone data in the first
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2024
EURUSD
Euro vs US Dollar
Summary
Buy
Urgency
1 day
Analytic
Maxim Magdalinin
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