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Forex Pivot Points and Technical Analysis 21 November 2014

Forex Pivot Points and Technical Analysis 21 November 2014
Nov 21 2014, 06:30 GMT  Shady Bahouth

Forex Daily technical analysis for major currency pairs, main support and resistance levels and intra-day trading strategies based on same day Pivot Points.

EURUSD – Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 1.2540$ with targets at 1.2575$ next 1.2615$ in extension.

Alternatively, Bearish scenario: Short positions below the daily pivot point 1.2540$ with targets at 1.2505$ next 1.2470$ in extension.

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