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Up trend in EUR/USD 15 Minutes chart

Monday, November 21, 2016 21:15
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11-22-2016 8-40-13 AMTrend is bullish in EUR/USD currency pair, fifteen minutes time frame. Based on Elliott wave analysis, I expect price to slowly rise up towards 1.0705 price level in next coming trading hours. Short term support is present at 1.0590 price level.

A good idea is to look for a buy trade and join an up trend. However; if price of EUR/USD currency pair breaks below 1.0590 support level then I would prefer to stay out of the market and re-analyze the price action in EUR/USD currency pair, 15 minutes chart.


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