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Originally Posted by idejan I'm long EURUSD @ 1.2309. I hold my previous view. Stops just below 1.2297/89 @ 1.2278 (30+1 spread) |
First resistance is @ 1.2330/40 next arround 1.2370.
Above 1.2330/40 I'll move my stops to b.e
I believe that crude could give some sight to the next move. Crude is in consolidation arround $65 and is most probably set to continue up.
Will just see.
Above 1.2255 we can see some more consolidation (meaning this move up could still be part of a consolidation before a stronger move up), and we need a firm break above 1.2525 to see continuation of the uptrend.
On the downside, below 1.2255 we will see corection to deepen to 1.2150/2100
ID