EURUSD – Up
For the past days price has been contained above a support zone( 1.2216-1.2200) ,the general trend for the pair EURUSD has been upward, yesterday price broke above a resistance line 1.2323 and has not retraced to it instead it continued up towards 1.2431.If you had not entered long position I would advise you wait for a correction of price before you buy the pair, I still expect a rise of price I the next coming hours.incase price goes below the support zone then that would be the ideal time to short EUR after a pullback to the just broken zone towards 1.2117 and 1.1919.
Wait for a retracement to 1.2323 then buy EUR with your stop loss at 1.2301
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