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Wait for buy positions

Wait for buy positions | 30 December 2019

30 December 2019, EUR/USD

Wait for buy positions

Technical Observation

Eurusd is currently in an active up trend, according to the slow 100 moving average and the 50 fast moving average this pair is currently heading significant even higher. According to the 4 hours chart attached, we expecting a possible breakout above the daily high 1.1199 to confirm that we are continuing to the upper side with an ultimate target at 1.124 and may extend even higher. On this chart, the key levels to look for include 1.1164, 1.1143 and 1.1187, iof the price approaches any of these levels, then we will be looking for a buy position.
Trade Recommendations:
Wait for buy positions:
Imelda Maseno
Analyst of «FreshForex» company
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