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MT5.com - Trader's diary on 08/06/2020. EURUSD's pullback before growth

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Forex Analysis:::2020-08-06

Trader's diary on 08/06/2020. EURUSD's pullback before growth

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EURUSD:

Euro declined sharply from the level of 1.1915

We continue to buy from the level of 1.1810.

We stop at 1.1765 and then take profit at 1.1960.

Two options can be considered:

The first option - Euro starts from the average and goes to our profit.

The second option - Euro removes our stop at 1.1765. In this case, we put a buy at the level of 1.1915 with an increased volume.

In turn, we consider sell deals from the level of 1.1690.

Sam Alan
Analyst InstaForex
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