On 08/27 I published a LONG entry opportunity on the EURUSD. In that post I noted the daily supply zone that would likely serve to be the first level of resistance. After retracing 200ish pips off of the 08.28 high, today's price action is once again entering the BUY ZONE indicated by the gold rectangle. Currently price has crossed above the 1.670 upper boundary. I have been long since 09.11 @1.15814. If Euro bulls can hold, the first target is approximately 340 pips @1.9785 which coincides with the 100% fib extension off of the 08.15 low.
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