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EURUSD getting a bid?

Price came down towards a major area of support from 1.3312 to 1.3301 (50% retracement, and the 76,4% retracement). A possible bounce was likely to occur from this level. And it did, today the EURUSD moved sharply higher during the European and American session. Currently the price is moving down a little but this could well be because of profit taking daytraders.
The next big level of resistance is at 1.3460 ( This is also the Fibonacci retracement, and last previous high). The next big level o…
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EURJPY

EUR/JPY had a small rejection from the 50% FIB level yesterday evening. Today it continued to the downside. At this moment the 50% FIB appears the to give some resistance. This is no trade advice, just my analysis.
Have a great trading week all!
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Watching the EURAUD

I am currently watching the EURAUD. It has been slightly rejected by the 261.8 Fibonacci extension. Potential for a little pullback before continuing again.
~~MyHedge~~
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USD/JPY entering support zone


Price found some good support on the 0.618 Fibonacci level (of the previous big uptrend) and near the 200 day moving average. Please keep in mind the big red line, this marks a very strong level which acted as support for some big moves in the past.
I have written an article about how I find the best trades and how it helped me to stop overtrading, this led to more profitable trades. You can find the article here, please have a look! I am sure it will help and benefit you!
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