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| EUR/USD DAILY |
Suspicious part on Eur/Usd is that an obvious bearish divergence is seen on the Daily chart. Strong support is seen on the weekly pivot point. By cross referencing to USD/JPY and USD/CAD, dollar is likely to weaken. So, IMO, to break this kind of bearish divergence, a violent move is needed and we might see a big up move on EUR/USD soon. Alternatively, wait for price to break weekly pivot point if you believe it will go south.
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GOLD DAILY
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GOLD WEEKLY
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Gold is looking suspicious too with the weekly potentially forming a bearish divergence. There's also a bearish divergence formed on the H4. Look for bearish signals on the H1 and H4 for a good entry. Alternatively, put a pending sell at 1400.00.
