HERE'S AN IDEA ON THE EURUSD PAIR, HOPEFULLY EUR HAS ENTERED AN UPTREND AS WE SEE THE BEGINNING OF THE TREND NOW THE EURO HAD A PRETTY GOOD WEEK IN THIS PASSING WEEK WITH ANNOUNCEMENT OF NEW RECOVERY FUND BY THE EUROPEAN COMMISSION AND SOME GOOD ECONOMIC UPDATES.
HERE ARE SOME POSSIBLE SCENARIOS ON THE PAIR IN THIS COMING WEEK.
ENTRY- FOLLOW YOUR ENTRY RULES RISK MANAGEMENT PERIOD - SWING
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SCENARIO 1 IS PLAYING OUT WE ARE CURRENTLY RETESTING PREVIOUS RESISTANCE IF YOU TOOK IT HOLD IF NOT FOLLOW YOUR ENTRY RULES AND GO LONG...
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FXSTREET - EUR/USD has jumped above 1.1150, trading at the highest since March. Protests in the US are grabbing the headlines and marginally supporting the dollar. European countries continue reopening their economies amid falling coronavirus statistics.