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Posted on Jan 06, 2020 at 10:26 AM
Start the New Year right! Make it a goal never to let go of any profit opportunity this year.
We have carefully analysed the Forex market and made a forecast of the possible direction of these 4 major pairs. Go ahead and launch your trading account and get started with these pairs!
More selling is possible from the current area of Price Resistance @1.1165. The current Support Area looks at 1.1130.
BIAS: Pullback for BEARISH Continuation
Price seems to be retesting a 1.3090 current price level. We should be considering to sell till 1.2991
BIAS: Bearish consolidation
Selling for so long, price is currently hanging at a consolidation tending more to Sell than a Bullish reversal.
BIAS: BEARISH Consolidation.
Currently recovering from a massive drop for a Buy, price is expected to rise to the 121.00 Resistance area. A break above would signal Bullish dominance, else, the Bears would continue.
BIAS: Pullback leading to Bearish continuation
Make sure to take advantage of this opportunity to make more green pips this week.
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