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Saturday, February 27, 2016

2016 02 27. EUR/USD monthly chart

EURUSD on monthly chart has reached the lowest support level. I see a double bottom and this month the candle is green which means that market sentiments are bullish.

In my opinion EUR USD may be good for the trading within long term FLAT. Price action doesnt give us any idea where it will go futrher however i woud like to think that target levels on the charts can be reached.


Information in this article is not a signal or recommendation for trading decisions, this is only idea.

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