On EURUSD, there is a key zone at 1.0807. The price had reaction on that level few times, but we have seen it was broken yesterday, Thus, it is a high probability that previous support will become resistance. The institutional trades mostly place their orders at key zones. Thus, it can be concluded that bears are ready to step in around 1.0807 level. ----------------------------------------------------------------------------------------------------------------------------------------------------- Trading Books Online - trading-library.com Top 10 Forex Broker: best10forex.com
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