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EURUSD Outlook 7-11 November, 2016 | November 6, 2016
Eurusd is now on bullish mode. This pair is going near to downward trend line. Eurusd is now on resistance zone with 200 and 100 ema. So we can see some combined resistance levels at this moment. If we can see any bearish candle confirmation then we should go for sell on this pair. For sell entry, we can set 50 pips stop loss and target will be 100-150 pips
On the other hand, we can wait for breakout on this pair. If we find successful breakout, then we can take buy entry with first 1.1260 and second target 1.1360 level.
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