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Posted on Sep 06, 2021 at 10:50 AM
With this month's race to 2021 pips fully in motion, this week you can cash out up to 200 pips on 4 major FX pairs! We have analysed and highlighted the key prices where you could rake in over 50 pips each, all you have to do is check them, compare them with your trade ideas and jump into the market for profits.
EUR/USD: Still going bullish, but after a pullback to 1.1860. Only a break below 1.1836 will yield a bearish drop.
BIAS: BULLISH/Bearish Pullback.
GBP/USD: Still roaring up North, but price may pull back to 1.3820/1.3840 before a further rise. Else watch out for a drop below 1.3790 to signal a bearish move.
BIAS: BULLISH/Bearish Pullback
USD/CAD: Falling heavily but attempting a rise to 1.2550 before dropping further. But watch out for a possible bullish reversal from here.
BIAS: CONSOLIDATION/Likely Bearish.
EUR/JPY: Price is pulling back after a strong bullish move. A rise above 130.50 will push the bulls higher, but a drop below 130.15 will send price.
BIAS: CONSOLIDATION/Bearish Reversal.
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