Forex Swing Trading - EUR/USD


This is the 1year Daily chart for EUR/USD
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The market is approaching the 23.60% Fibonacci Retracement.
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A pending swing trade buy order has been placed at 14196.

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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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