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primarylogic, I still hold my long trade, also, I made two trades on GJ, long at 134 area
yes, you are right, E/U is rising more and more, I missed it.
I made a short U/J order yesterday and have closed now. Waiting it retrace to 97.90 area and short it again.
The resistance and support of EUR/USD
resistance
1.2998 the high of Feb 23rd
1.2965 the average line of 50 days
1.2900 the high of Feb 25th
1.2880
support
1.2705 the average ling of 21 days
1.2645
1.2580 the low of Mar 10th
1.2555 the low of Mar 9th
The EUR/USD is currently exchanging at around 1.29, but it is hard to break the phychological 1.30 area. Maybe we can long it at a relatively lower position.
In the earle trade of Asia market, the selling of EUR/JPY puts more pressure to EUR/USD and make it fall to 1.2835 at one time. However it starts to rally since the level. If it can break the resistance of 1.2890/95, its target will be 1.2925/30.
Linear Mode
