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EUR/USD: Simple Trading Tips for Beginner Traders on November 5th (U.S. Session)
Analysis of Trades and Trading Tips
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Analysis of Trades and Trading Tips for the EuroThe test of the 1.0895 level occurred when the MACD indicator had moved significantly above the zero line, which limited the pair's upward potential. For this reason, I did not buy the euro. The second test of this level took place when the MACD was already in the overbought zone, leading to the implementation of Scenario #2 for selling. However, as you can see on the chart, no downward movement followed. Key
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Jakub Novak,
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