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EURUSD Daily Analysis | 13 April 2020

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I maintain a bearish view on EUR/USD, price is reaching our sell entry which is line with a 50% fibonacci retracement and 78.6% fibonacci extension. It is also a strong graphical level as price tested it both as a support and resistance level previously as and it is currently making another push up to test the resistance level again where we could be seeing a drop below this level. Stochastic is approaching resistance as well where we could be seeing a drop below this level.

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Chart PatternsEUREURUSDeurusdlongeurusdshortHarmonic PatternsTrend AnalysisUSD

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Chart PatternsEUREURUSDeurusdlongeurusdshortHarmonic PatternsTrend AnalysisUSD
FXCM
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Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
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Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.