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EURUSD: Sell Opportunity from 1.0705 | January 27, 2017
Eurusd has broken its near term support level at 1.0705 level. We saw breakout of this support level. Now this pair can stay on sell mode below this broken level. 1.0705 level is now new resistance level for this pair. Major resistance lies on 1.0770 level. Below these two resistance we have good sell opportunity.
Sell trade setup
✯ If this pair touched 1.0705 level, then sell on this pair.
✯ Need to wait for sell candle on that level.
✯ SL will be above 1.0770 level.
✯ TP will be 1.0670, then final TP 1.0620
✯ If you get 30 pips profit, then close 50% position of your trade and move your SL on the entry point.
Read more EURUSD previous chart analysis
Read more All pairs chart analysis at a glance
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