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On a 4hr chart EURUSDU is quite oversold for the moment, thus price is expected to have reversal soon. Reversal may take couple of days. This movement could bring 100+ pips, so we could stack positions on every bit of retracement along the way. Our target would be around 1.1550 area, thus I'd place my tp's at 1.1540.
On a 4hr chart EURUSDU is quite oversold for the moment, thus price is expected to have reversal soon. Reversal may take couple of days. This movement could bring 100+ pips, so we could stack positions on every bit of retracement along the way. Our target would be around 1.1550 area, thus I'd place my tp's at 1.1540.