
We have outlooked several promising Forex pairs and the result can surprise you!
Don’t waste your time – keep track of how NFP affects the US dollar!
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The way EUR/GBP bottomed around 0.8700, then rose above 0.8870 and jumped from the trendline support at 0.8910 shows that the pair possesses bullish momentum. The euro will be capable to rise to the 0.9070/0.9090 area if it manages to overcome the resistance at 0.9000 (38.2% Fibonacci of the 2020 decline). The short-term support is at 0.8960 – only a slide below this point will switch the focus back to 0.8910 and 0.8870.
BUY 0.9010: TP 0.9070; SL 0.8990
SELL 0.8950; TP 0.8910; SL: 0.8965
We have outlooked several promising Forex pairs and the result can surprise you!
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