| When two currencies approach currency parity, a single unit of one may be exchanged for a single unit of the other. €1 buys $1. As the market is setting itself up for EURO and USD parity, we look at price levels to scale in for a possible Long and fade the recent move down, anticipating a rebound, even a partial one, that can offer an attractive reward vs risk ratio. More at ForexLi ve https://www.forexlive.com/technical-analysis/eurusd-technical-analysis-and-trade-idea-close-to-parity/ Get creative trade ideas at https://www.forexlive.com/technical-analysis |
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