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EUR / USD - Range Trade Opportunity - Take II

posted by Avatar dwinter 1807 days ago in USD, EUR, Technical made popular 1807 days ago

If you look at the chart provided we were indeed given such an opportunity. This came right at the 100 Day Simple Moving Average in fact, which has been supporting the EUR/USD since March 2006.

If we look at the shape of what is developing there is a potential for a triangle to be forming.
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