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EURUSD Daily piciture – 114 still the target

Last week I list my algo target as 114 and still sticking with that. The post FED knock prices back down but I am still looking at strength in EURUSD relative to the US$ and no ALGO trend has been broken yet.  This means bullish buy side  trading systems are still positive and this dip is an opportunity to profit. HOW ? log into the algo room and track the trend models which will offer sizable gains when the short term turn up. I have posted the ALGO Room trend system below.

EURUSD
EURUSD

Author

Dave Poxon

Dave Poxon

The Index Strategist

During the past 25 years, I have worked at some of the largest investment firms in Canada including BMO Nesbitt Burns, Canaccord Genuity, Refco Futures Canada, performing quantitative research and trading.

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