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EURUSD analysis 28.04.2020

28.04.2020

Market Review

EURUSD

The overall trend is downward. A start fractal has formed below the 135 moving average, followed by signal fractals. Breaking through the start fractal will result in the formation of a descending wave M30 level pattern within the C wave of a descending H8 level pattern.

Trading recommendations:

Sell below 1.0815.

Stop loss: 1.0860.

Target levels: 1.0784; 1.0730; 1.0665.

The EURUSD rate online: monitor the movement of the pair in real time.

Author: admin
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