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EUR/USD Buy On Pullbacks / Dynamic Support

Published 06/12/2013, 12:59 AM
Updated 05/14/2017, 06:45 AM
EURUSD – Buy on Dips Continues to Profit

In my market commentary for Tuesday, I suggested looking for pullbacks towards the dynamic support (20ema) on the 4hr chart. That is exactly what the pair did, pulling right into the 20ema, then shooting up almost 90 pips higher where savvy price action traders profited, so hopefully you did too. Traders that are not already long can look for pullbacks just sub-1.3300 and the 20ema, targeting 1.3430 and 1.3450.
EUR/USD

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