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Possible Long idea for EURUSD .

This pair formed a new Support level (1.21700) at the beginning of the month, which was previosly a strong Resistance level .

Since then it has been rejecting it a few times, exeption made for that two candles formed on December 21st, corrected immediately after. Now that the pair touched this nice Support level again we can enter a Long position with SL immediately under the zone itself and two Take Profit at 0.5 Fib and 0.618 Fib. If reached this would give us a nice 1:6 RR 🙂

If you liked this idea let me know it!



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