The EURUSD encountered selling pressure this week right where I thought it might. On Sunday I pointed out how the February 21 session closed below 1.2330, which meant the area was likely to attract sellers on retests.Another level I mentioned on Sunday was the short-term trend line that extends from the January 18 low. I suspected this area would attract buying pressure on a retest this week.However, yesterday’s session closed below the level without much hesitation. It did find some intraday su…
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