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Posted on Jan 11, 2021 at 02:46 AM
Views: 895

Got plans to make money from either EUR/USD, GBP/USD, USD/CAD or EUR/JPY this week? Here is a short analysis that would help you make between $10 -$50!

EUR/USD: There is a large consolidation to cover with some bearish move anticipated. Consider a pullback from 1.2200 to 1.2260 before any clear price direction.

BIAS: CONSOLIDATION/Bearish.

 
GBP/USD: This pair is still consolidating heavily. Scalp from 1.3620 to 1.3550 and watch for a strong bearish breakout.

BIAS: CONSOLIDATION/Breakout

USD/CAD: Watch the 1.2680 to 1.2730 price region. Scalp the range & follow price breakout from any of these levels.

BIAS: CONSOLIDATION/Breakout.

EUR/JPY: 126.90 is a key support level. A break above 127.15 indicates bullish power, and a break below 126.75 is a bearish drop. Scalp this range & follow the Breakout.

BIAS: CONSOLIDATION/ Breakout.

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