Forex Trading Pros: October 2017

Monday, 30 October 2017

EUR/US Trading

Move over 1.1610 will indicate the presence of buyers. If this creates enough upside momentum then we could see a rally into the 50% level at 1.1702. Since the main trend is down, we could see sellers come in on a test of this level to stop.

Friday, 13 October 2017

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Thursday, 12 October 2017

EUR/US - Forecast

A sustained move under 1.1850 will indicate the presence of sellers. This could lead to a quick break into a steep uptrending angle at 1.1828. This angle has guided the market higher since October 6.

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