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EURGBP: Testing .90000!


4hr Time Frame: Price is back at .90000 key psychological resistance. Price has failed to sustain above this zone multiple times. Reading price now we can see that it is creating a double top formation at this daily resistance. If price manages to hold below this zone look to sell this back down to .88500 key support. However, if price manages to break and close above .90000 resistance then we can potentially see longs to .90500 resistance. Due to the uncertainty of market fluidity, risk management is highly recommended.


 

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