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Posted on Oct 14, 2019 at 06:20 AM
Check Out How We are Trading the EUR/USD, USD/CAD and 2 other extremely volatile pair for profit this week.
We had a great ride on the Bullish continuation last week and it doesn’t seem to be over. Price is retracing to the 1.1020 for a likely rebound. Watch out to join the bulls when this happens.
BIAS: Pullback waiting for Bullish Continuation.
After the bearish continuation, we see the market turn on it’s head and rally up. We can expect a huge gap or pullback to the 1.2500 area to continue the run up.
BIAS: Pullback and Bullish CONTINUATION.
Pullbacks and some continuation can be expected this week. 1.3230 is a likely reversal area for a Sell continuation.
BIAS: Reversal leading to Bearish Continuation.
The bears gave up too soon last week. For the new week, 119.10 area seems to be a pullback area for a bullish continuation.
BIAS: Pullback leading to Bullish continuation.