A EURUSD Range Trade With A Breakout Contingency |
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Usually, when the market’s most heavily traded currency pair stands as a good range candidate, it suggests that overall market is experiencing congestion. However, our interest in a short-term EURUSD range is attractive only when we account for a potential breakout. That is exactly what our suggested strategy takes into account. Why Would EURUSD Stay in a Range? Levels to Watch: -Range Top: 1.2850 (Trend, Fib, Swing High) -Range Bottom: 1.2330 (Pivot) The epitome of liquidity and direction for
Filed under: Technical
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