Cabana Capitals Blog Technical Analysis Possibility of big movement expected on EURUSD

Possibility of big movement expected on EURUSD

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Triangle pattern identified on EURUSD has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price expected to reach 1.0649 in the next 2.

Supported by Downward sloping Moving Average

Target: 1.0649 Entry: 1.0694 Stop: 1.0735

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