Hello Naked Traders.
The eur/usd currency pair has been almost leased to 1.3150 resistance zone today. From here price fell to 1.3050 area and close the daily session at 1.3080 area. In this case there is no price action signal to use but it is clear that the bullish breakout of 1.3150 or the bearish one of 1.3000 can lead to a movement of at least 100 pips — where are the next support and resistance levels.
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