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Trading Idea - EUR/GBP, 08-03-2024
Trading Signal: EURGBP
| Order | Buy |
| Direction | Bullish |
| Pattern | Support Line Test |
| Interval | Daily |
| Length (Candles) | 3 |
Idea Summary
The medium term EURGBP price forecast is bullish. The EURGBP price is testing a support under the 200-period moving average MA(200). Most likely the price will reflect off the support and rise to test the MA(200) while there is a likelihood it may beach below the support and decline.
Note:
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