EUR/USD Breakout To The Upside Possible

The EUR/USD is at an important level. It will be make it or break it for the pair.

The price is set between important confluence points. Below 1.2151, the EUR/USD will go to 1.2120 and 1.2085. W L3 hasn’t been tested yet so generally, I don’t expect it to happen today unless the major news hit the wire. A close above 1.2180 and the pair is gonna test 1.2201, 1.2222, and 1.2234.

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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high ...

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