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Back Trading plan
EUR/USD: Trading Plan for the U.S. Session on October 16th (Analysis of Morning Trades)
In my morning forecast, I focused
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In my morning forecast, I focused on the 1.0884 level and planned to make entry decisions based on it. Let's take a look at the 5-minute chart and analyze what happened. The drop and the formation of a false breakout around the 1.0884 level provided an excellent entry point for buying the euro. This resulted in a rise of more than 15 poins, after which demand for the euro subsided. The technical picture has been revised for the second half
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2024
EURUSD
Euro vs US Dollar
Summary
Buy
Urgency
1 day
Analytic
Maxim Magdalinin
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