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Trade ideas thread - European session 18 May 2023

It's a key moment for the dollar as its recent resilience is being rewarded with a push towards key technical levels.In particular, EUR/USD is now running closer towards the 1.0800 mark with its 100-day moving average at 1.0806 set to be one to watch in the sessions ahead. There are some large expiries there today, which could add to the defensive layer, so just be mindful of that.Then, we also have USD/JPY moving up to near a test of the key resistance region at 137.77-91 and levels just under... Read More

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Trade

Ideas

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European

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2023

Forex

Posted: May 18 2023, 05:42

Author Name: forexlive

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