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EURUSD Weekly

EURUSD is sitting in a Supply Zone on the weekly time frame.

It looks like a good setup so I have placed a buy order on the retest of the current Zone (on smaller time frames).

My stop loss, 2500 pips, is below the previous demand zone so if this order does go against me I will have a good chance of recovery. My take profit is at the most extreme high (supply zone), 5000 pips



This post first appeared on Trading Blogs And Financial Markets Analysis, please read the originial post: here

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EURUSD Weekly

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