Forex Trading Ideas: EUR/USD Drifts Lower!

January 25, 2020

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The EUR/USD had a bearish ‘Regular Divergence Trade Setup’ this week in the Forex Market. Giving Forex traders between thirty and eighty pips. Depending what your entry price was.

However, using the ‘Fibonacci Measuring Tool.’ We saw price bounce of the 38.2% Fibonacci level. Then it drifted down through the 0.00%. We have strong major support at 1.1000. And resistance at 1.1075

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Forex Trading Ideas: EUR/USD Drifts Lower!

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