Will the EUR/USD rise and switch to an uptrend by breaking above the daily chart’s current retracement high?
Hello. Good evening.
This is Akihiko Kobata.
Today is Euro-Dollar.
From a pullback after a consolidation, it has rebounded with consecutive bullish candles and recovered to near the black 3-month moving average, but it’s becoming a pattern that may soon push to a new high.
If it continues to rise, the theory is to wait for the next drop to end and then go long.
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