Parity price on EURUSD
This morning EURUSD was a few pips away from its parity price.
The downtrend is still strong and we will be looking for levels below 1,0000.
This strong psychological number will most likely cause a pullback due to profit taking and stop loss hunting.
If this happens then it will look even better for short positions.
We're not looking to buy the EUR here on this pair!
Once we have a pullback, that's when we will be looking to sell again!
The downtrend is still strong and we will be looking for levels below 1,0000.
This strong psychological number will most likely cause a pullback due to profit taking and stop loss hunting.
If this happens then it will look even better for short positions.
We're not looking to buy the EUR here on this pair!
Once we have a pullback, that's when we will be looking to sell again!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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