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Today’s eur strength and live forex trading signals

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  • Today’s eur strength and live forex trading signals

    Today in the main session forex trading the EUR was strong and the GBP was weak on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The EUR/GBP moved higher on the D1 uptrend. This pair has much more upside if the W1 uptrend forms. The EUR/USD continued higher on the D1 time frame uptrend. This pair is inside several resistance levels, so we would scale out lots at these levels. The GBP/CHF also dropped on the D1 time frame trend. This pair is at a support cluster so we would scale out lots or exit any sells. These live currency trading signals and trend based trading plans for 28 pairs can be found on our website at Forexearlywarning.com.

    https://www.forexearlywarning.com/the-forex-heatmap

    Click image for larger version

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    #EURGBP #EURUSD #GBPCHF #forexsignals #forextrading #trading #daytrading #forexalerts #currencytrading #forex Japanese Yen EUR/GBP EUR/USD GBP/CHF

  • #2
    There is a significant difference between support and resistance levels and zones. As the names suggest, a level is a particular price-level where the price may discover support or resistance. A zone, then again, refers to a zone of prices in which the price can retrace anywhere in the middle. More often than not, the price doesn't hit an S&R level right at the pip before it retraces. The closer the price reaches towards an S&R level, the higher the possibility of a reversal.

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