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FX.co ★ Game of Life: Visionary Insights into the Forex Market!

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Trader Journals:::2024-04-25T05:45:50

Game of Life: Visionary Insights into the Forex Market!

Hello everyone!!! Pair Euro-dollar. Based on the analysis of the 1-hour chart, the pair continues to trade near the level of 1.0713. In case of further upward movement of the pair, the nearest reversal point will be at 1.0748, where we might see activity from sellers. In case of a move to the south and a consolidation below the level of 1.0681, it will open up good prospects for further decline to the levels of 1.0617 and 1.0560. In terms of opening trades, it is necessary to wait for the pair to consolidate. Now let's look at the indicators: the pair is trading above the cloud of the Ichimoku Kinko Hyo indicator, and at the upper part of the Bollinger Bands, so I consider buying priority towards the levels of 1.0748 and 1.0810.

Game of Life: Visionary Insights into the Forex Market!

Good luck to everyone!!!...
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