EUR/USD ; h1

grapheurusd

 

Current rate – 1.08637

As we seen on the graph. EMA 200 is appearing as a support and in the same moment the DEMA 200 is on the half of the last amplitude, this we can treat for a signal to place a long entry near above it. Above 61.80% fib level. a small correction move, and then again is surging up.

Pay attention to the weekly level’s (H, L) they are used for support and resistance as well.

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