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EUR/USD: Tips for Beginner Traders on December 9th (U.S. Session)
Analysis of Trades and Trading Advice
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Analysis of Trades and Trading Advice for the EuroThe first test of the 1.1640 price occurred when the MACD indicator had already moved far below the zero mark, which limited the pair's downward potential. For that reason, I did not sell the euro. The second test of 1.1640 coincided with the MACD being in the oversold area, which triggered Scenario #2 for buying euros and resulted in a 15-point rise — nearly the entire intraday volatility.Positive German trade data supported
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Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
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Pavel Vlasov
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