Inside the Currency Market: EUR/USD

FOMC Price Dead Stopped at 1.1134, fell back to 1.1095.

EUR/USD. Bottom 1.1077, up 77 pips since this afternoon. Range break above 1.1068, Below 1.0915. Strategy. Longs above 1.1134, target 1.1195. Target assumes a range break at 1.1068 then points on the way up 1.1141, 1.1154, 1.1168, 1.1181, 1.1195.

Shorts below 1.1132, target 1.1104, then 1.1090, 1.1084 then Bottom 1.1077.

Brian Twomey, Inside the Currency Market, btwomey.com

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