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YourLazyTrader

EURUSD 4-hour Chart analysis; uptrend likely to continue

Long
Euro / Dollaro (FX:EURUSD)  
YourLazyTrader Aggiornato   
FX:EURUSD   Euro / Dollaro
Trend Analysis Chart Patterns Beyond Technical Analysis EURUSD eurusdlong eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdtrade eurusdanalysis eurusdoutlook
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trendanalysis chartpattern beyondta eurusd eurusdlong eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdtrade eurusdanalysis eurusdoutlook
EURUSD is trading above the key moving average on the 4H chart, which indicates that the uptrend is intact. The recent pullback is probably a correction rather than a reversal.

As long as price stays above the support area that I have highlighted in my chart, the uptrend is likely to continue.

I will be looking at buy entries between 1.1700-1.1740 support area with SL below 1.1680 and TP at 1.19


Trade attivo:
Bought at 1.1727 as per plan
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