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    Page 46 of 46 FirstFirst ... 41 44 45 46
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    Thread: EUR/USD (part 80)

    1. #451
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      Hello, everyone.
      I expect the EUR/USD pair to go down to the levels of 1.1350 and 1.1330, since M15 indicates it, and the levels points to there.
      According to the system, I expect a movement to the levels of 1.1350 and 1.1330, and then a turn to the upside to the level of 1.1470. For now, I think about the downside which should be finished. H1 asks about it, because it went to the buy" area, and we need a downward zigzag. Today, Ill wait for a missing link with the downward movement.
      Well, one of the most important things is the cancellation of the downward movement. There are some points that may affect the cancellation of the downside. First, the breakout of the 1.1405 level and, secondly, thick lines at the bottom to stop the price.
      Another important thing is a breakout of 1.1405 which will confirm the upside and cancel the downside.

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      Here is my general outlook on the situation.
      H1 asks for a zigzag down and a movement to the upside. These are green arrows. When we go up, we will meet H4 there, which asks to go down. These are yellow arrows.

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      As for the trading range for the week,
      the top is 1.1620,
      the bottom is 1.1270.
      As you can see, the lower level has moved from 1.1320 to 1.1270.
      As for the intraday levels confirming directions,
      the top is 1.1405.
      the bottom is 1.1370.
      Yesterday's lower level was 1.1377. After the breakout, we were stuck at the bottom.

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      The general direction remains to be upward. But today, the fate of the upside and downside will be decided, and it will be very simple.
      If the price goes as described above, we will go into the "buy" area. Well, if we close the day below 1.1405, in this case, the downside will be stronger, which means that we are below the red line, in the downside, well, then I expect a zigzag up and the continuation of the downside.

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