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EURUSD Technical Overview and The Key Levels

EURUSD Technical Overview and The Key Levels

EURUSD headed north and broke 1.14130 key resistance on the smaller chart. Our first key target was 1.14700 after the breakout

EURUSD is trading at 1.1455 as of writing.

A bearish Total 3 Pattern completed on the M30 Chart – a minor correction of 20-30 pips – . The pair is likely to test 1.4740 and 1.14890.

Markets are thin and trading with low volumes.

A break above 1.14890 would carry the price 1.15000 and 1.15300.

A bearish Gartley pattern which we have published before would be completed at 1.15300 and we will look for a short opportunity.

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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

EURUSD: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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