Art_of_Trading

EURUSD: Analysis

FX:EURUSD   欧元/美元
On EURUSD , the market moves sideways last few days. It found its support at 1.2305 and resistance at 1.1268. The red box shows that the market cannot decide who will get control of the price, Bears or Bulls. The best approach will be to wait breakout and then enter short/long, as people say follow the trend. Few fundamental news coming out today and it is expected that there will be breakout and strong move. Thus, keep an eye on this setup.
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