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EUR/USD Weekly

EUR/USD's rise resumed last week and reached as high as 1.0999 last week. Further rise would be seen to 1.1058 projection level. But we maintain that rise from 1.0339 is a corrective move. Hence, we'd expect strong resistance around 1.1058 to limit upside to bring near term reversal.
Initial bias in EUR/USD remains on the upside this week. Current rally would be seen to 100% projection of 1.0339 to 1.0828 from 1.0569 at 1.1058. At this point, rise from 1.0339 is still seen as a corrective move. …
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TRADER, MICHAEL MARCUS!

"Being a successful trader also takes courage: the courage to try, the courage to fail, the courage to succeed, and the courage to keep on going when the going gets tough".
Trader, Michael Marcus
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(If you have questions, comments, write, reply thoroughly!)
Sincerely yours, Traders Kazakhstan team "Powerful Traders"
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Merta7 avatar
Merta7 26 1月

I need courage when I am in the opposite direction of the trend))))))

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