The CPI print which came out in green numbers boosted all USD pairs but over the last few hours prices have retraced. Now it looks as if the USD may gradually strengthen over the next 24 hours which means SELLING EUR/USD. The price is now being held down by all majot EMA (25,50,100,200) whoa re grouped just above WPP mid pivot. With the path north looking impassable for EUR/USD BULLS , the BEARS should have it all their own way. I'm SHORT with a tight STOP and looking for price to head for WS1 …
EUR/USD selling off again for FX:EURUSD by forextraplaces
The CPI print which came out in green numbers boosted all USD pairs but over the last few hours prices have retraced. Now it looks as if the USD may gradually strengthen over the next 24 hours which means SELLING EUR/USD. The price is now being held down by all majot EMA (25,50,100,200) whoa re…
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