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EURUSD

EURUSD is moving in up direction continuously and once again tested 1.14 level. I expect that pair will breach this level today and make new high and try to reach 1.1450 level today. If this pair will hold this level before EU-referendum, if will pull back this pair once again to 1.13 level. I have gone short on GBP pair now, expecting that bullish will not control this pair any longer as GBPUSD pair has already reached 1.50 level just now.
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Will Brexit have positive impact on GBP pairs??

Last week, after dip to a new low GBPJPY made a significant move upward, and it seems that GBP pair will keep providing high volatility this week due to BREXIT. Technically, I has short bias on this pair last week, but this week, I am looking for long trade and will look forward for long trade. GBPUSD and GBPJPY opened with more than 100 Pips gap this week, so I think pair will retest Friday close.
GBPUSD is mostly testing 200 simple moving average on daily chart, and we can see that 1.47000 lev…
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EURUSD, will continue upward momentum??

Last week, EURUSD moved above to trendline on daily chart, and it is keep moving up after testing lower support this week. On daily chart, this pair has reached at overbought zone after yesterday movement, but there is still lot of room to go upside for this pair. This week close will tell EURUSD coming months movement, because on weekly candle it moved below to 55 simple moving average last week, but as it moved already up, so it would good point to see, if it continue this week close in also a…
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