I think EUR/USD won't stop rising until it reaches 1.14 or 1.15.
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Forex, Markets, Macro Economic News Discussion.
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EUR/USD is trading lower after stronger than expected US monthly report. The pair was in buy mode for the week until the latest NFP data was announced and the dollar surged going back below 1.14, making a low of 1.1334. Be aware that 1.1410 is resistance and dollar bulls will try to keep price under this level.
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USD/CAD started moving up today, unsurprisingly, considering the bullish hammer on the daily time frame. The next immediate target is at 1.3100.Last edited by Eliza Abrams; 04-05-2016, 08:22 AM.
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Originally posted by arbtrader View PostI think Without fixed SL, but still using a SL would indicate the trader judges each trade setup or basket of trades individually and would apply a stop loss accordingly.
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