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Posted on Jul 12, 2021 at 11:10 AM
To Buy or to sell? Check out where EUR/USD, USD/CAD, GBP/USD and EUR/JPY is headed for the week and the prices to enter the market for a very profitable ride!
EUR/USD: Still consolidating in a user range of 1.1880 & 1.1815. A break above 1.1890 yields fresh Bullish strength while 1.1875 seems like our major Support. Scalp the range & follow breakouts.
BIAS: CONSOLIDATION/Minor Reversal.
GBP/USD: Consolidation fully covered now and a bullish strength is imminent above 1.3895. Else, a Price drop below 1.3840 will drop to 1.3760.
USD/CAD: Bearish till 1.2300, except we see a break above 1.2485 to start a bullish run.
BIAS: Bearish/Minor Consolidation.
EUR/JPY: A rise above 131.00 starts the bullish climb, but we may see a drop to 130.20 before the bulls start pushing.
BIAS: BULLISH/ Likely Reversal.
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