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ORBEX: EURUSD Triangle Wave Hints to Short-Term Upside
欧元/美元
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ORBEX: EURUSD Triangle Wave Hints to Short-Term Upside
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2020年1月16日
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2020年1月16日
EURUSD triangle structure seems to suggest that we have a little more upside correction left before turning lower.
The test could take place near 1.13, the 78.6% Fibonacci and also a price/trendline intersection. Both MACD and the RSI support short-term bulls!
If successful, the chances of reaching a fresh multiyear low would increase.
Trade safe
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
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Elliott Wave
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Leading Diagonal
Trend Analysis
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