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23.11.2020 01:38 PM
Outlook on EURUSD for November 23, 2020

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EURUSD

The euro is trying to get out of a nearly 4-month consolidation. A strong movement is very likely.

The stops are also convenient: when buying from 1.1895, the stop is at 1.1849 and then a downward pullback is possible

Sell from 1.1849, stop at 1.1895.

The target for the upward movement may be up to 1.2450.

Continue observing.

Jozef Kovach,
Analytical expert of InstaForex
© 2007-2024
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