Forex Day Trading - EUR/USD


This is the 2Day 5Min Chart for EUR/USD.
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The Bank of England Rate decision is due to be announced at 12noon and the European Central Bank Rate decision at 12.45pm.
Trade extremely cautiously before these times.
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The market is currently trending sideways between R1 and the Pivot point. A pending Buy order has been placed just above R1 at 14190 and a pending Sell order just below the Pivot point at 14088.

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Forex Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD The pending BUY order just above R1 at 14017 was taken at 9.20am with a Stop loss of 20points and Profit limit of 60points in place. The Stop loss has now been moved to 14012, just below the most recent low point in the market.
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