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Euro / Dolar USA
Long

EURUSD Analysis

Od DumeFx
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On the daily the market is currently above the 200 MA indicating its in a bullish market. You can see price recently mitigated the IC and straighter rocketed up, I'm 99% sure institutions are closing their sell positions(Which probably is the reason price broke outside the support and resistance zone). Before the move back within the two Support and resistance lines i believe price will drop back to the purple zone of demand to complete the right shoulder of the head and shoulders then continue on its way up. I will be entering on the pull back after price moves up after re-entering the purple support.
Uwaga
As i expected, it purged down to the purple and spring back up. Lets see how the rests goes.
Uwaga
Yes everything is said has happened, give me my clout please
Uwaga
This week might be a very bullish week, the price void of bearish candles must be mitigated
EURUSDeurusdbullishTrend Analysis
DumeFx

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