EURUSD 1D FORECAST

2019-11-03 19:57:20

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EURUSD pair showing a rising wedge on the 1D chart and we can expect a bearish breakout. If the breakout confirms we can expect the targets as shown in dotted lines below the current price. The price showing a strong resistance @1.11740 level. The first target is set to 50% retracement and in a whole, we are expecting a profit somewhere close to 150 pips.

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LONDON - NEWYORK Trading Session