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DAILY FOREX IDEAS

EURUSD – now what? Daily analysis!

Lets start our day with the most traded and liquid pair of them all – EURUSD.

As you can see the pair pushed up from 1.1111 – what a magical number right – and has surged up north. It broke through the resistance zone of 1.1190/1.1200 and now managed to stay above it. So for the moment I favor the long trades with a close stop, maybe just below 1.1170.

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