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EURUSD The Herd is shorting

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
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OANDA:EURUSD   Euro / U.S. Dollar
Support and Resistance Supply and Demand Beyond Technical Analysis EURUSD Coronavirus (COVID-19) corona signals Forex
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supportandresistance supplyanddemand beyondta eurusd coronavirus corona signals forex
The EURUSD pair is getting hammered by too many shorts by retail traders; in fact, 70% of retail traders are shorting EURUSD.
According to the crowd theory : (the crowd is always wrong)

And powered by the rising money flow to the EUR we conclude that the price will go up a bit (60-100 pips)

The last downward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.

Entry: 1.1320
TP1: 1.1385
TP2: 1.1405
SL: 1.1250
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