avis06

Bullish Piercing pattern on EUR/USD

Long
FX:EURUSD   Euro / U.S. Dollar
4
EUR/USD finds support at 1.3140 area which coincides with the 100 simple moving average. Bullish piercing pattern is formed on today's candle after more than a week of a down trend. If the pattern works, the next logical bullish target is at 1.3250 resistance area.

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