I think it is resuming its long term bearish trend

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very weak GU bulls since last Thursday!!

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UJ 109.90 holding the 1st attack nicely

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GU to watch.............. R 1.3010-20.................1.3050-60 S 1.2970-80................1.2950...............1.2910-20

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EU to watch............. R 1.1760-70 S 1.1720-30..........1.1690..............1.1650............1.1630

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UJ.....................to watch S 109.90-110.............109.60-70 R 110.30-40...............110-70-80

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Though looks crazy.............but even my long term calls are good.............until prove otherwise

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If you are bored of intraday trading..............here is your long-term entertaining call: Long UJ from 110...............your stop is below 109.50 ...............your TP is 130................

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Yes

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Hated that position but I will try........... Long UJ from 109.90-110

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at any time frame you labelled a level of S/R shown by wick action to that level............then after that price closes are more close to that level than before then most likely that price level will break rather than hold............and reverse is ...

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Now EU at 1.1750-60 R and must break that to have a bullish sentiment next otherwise may test lower again

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image image It is that simple

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EU reached our target at 1.1690 and now up from there............UJ reached 109.60 and up from there.............UJ is now at R of 110-110.10..............Eu back to R at 1.1730

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image

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yes it worked for EU.............UJ 1st trade returned to entry from 110.50...........2nd trade very good from 110.20-30 +50 for 1st part 2nd at BE now

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EU trading below 1.1750 should test 1.1730 then 1.1690-1.17

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holding EU short from London..........entering UJ long from 110.20-30

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UJ bears loosing control to the bulls below 110.50

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now bears have more power from 1.1820

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