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The5ers - Funding Forex Traders & Growth Program
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[QUOTE="The5ers, post: 188865, member: 70285"] [B]Weekly trade idea for EUR/USD Week: 14-18.12.2020 Key event: USD. Interest Rate[/B] Interest rate at which major financial institutions borrow and lend overnight funds between themselves; We expect a similar reading to the previous month. [HEADING=1][URL='https://lh6.googleusercontent.com/dRZyvtROfUd9UKyQYsJZljMfQCYRn_rDiLpgNZ8dV49D9PKgtaGe1wo8TS79OXA8Qoir6CLQt4Q0QPlgXJ1ipGTp0y72ZjItsdx9gCUU8QKVeVGyR3Fsa2VeE_Si7IrnBw4sGeUP'][IMG]https://lh6.googleusercontent.com/dRZyvtROfUd9UKyQYsJZljMfQCYRn_rDiLpgNZ8dV49D9PKgtaGe1wo8TS79OXA8Qoir6CLQt4Q0QPlgXJ1ipGTp0y72ZjItsdx9gCUU8QKVeVGyR3Fsa2VeE_Si7IrnBw4sGeUP[/IMG] 835×26[/URL][/HEADING] [HEADING=1]Until release day, we expect a continuation of the actual Bullish trend. A positive surprising data value could reverse the actual trend direction.[/HEADING] [HEADING=1]Key Levels:[/HEADING] [LIST] [*]Resistance 1.2175, 1.2230 [*]Support 1.2000, 1.1875 [/LIST] [B]Trend[/B]: Bullish Two weeks ago, the price broke important resistance levels. It is now trading in a range close to a supply area. [B]Call to Action/Trade Idea[/B] We will look for any opportunity to join the bullish trend. Any retracement or pullback. Only an unexpected important positive release might overturn the actual trend. [URL='https://f.bpcdn.co/original/4X/6/1/6/616a72fb11240108d0b40b80eb6281364d183add.png'][IMG alt="EUR_USD (4)"]https://f.bpcdn.co/optimized/4X/6/1/6/616a72fb11240108d0b40b80eb6281364d183add_2_690x300.png[/IMG] EUR_USD (4)1707×744 39.7 KB[/URL] [/QUOTE]
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