As mentioned in my first email yesterday, eurusd came down to a low of 1.960+ last night around 2030hrs gmt + 8. However, the reversal is almost 180deg, resulting a very strong rebound, back to the range of 1.1030
This re-iterate my point to take any profits and plan for the next move. Taking profits along the way maximizes profits (provided your views are correct), rather than waiting for a initial and final price.
Please also note the impending announcements for US tonight.
Summary : Target Level : 1.0966 Analysis : Broke through Support level of 1.1 again |
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