EUR/USD doesn't give up

EUR/USD doesn't give up

Trade idea

BUY 1.1325; TP1 1.1370; TP2 1.1390; SL 1.1305

EUR/USD formed a bullish engulfing pattern on D1 yesterday rebounding from the lower daily Bollinger Band. After this, there should be at least a minor recovery. The conservative target lies close to the weekly pivot and the 50-period MA on H4 at 1.1370. The next target is at 1.1390. Sellers will regain their power below the recent low at 1.1260.  

EURUSD d.png

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Latest news

AUD/JPY looks exposed

AUD/JPY formed a “shooting star” candlestickon the W1. This week, it’s testing levels below the 50-week MA at 75.45.

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