Daily Analysis EURUSD 8,12 April 2019

Daily Analysis EURUSD 8,12 April 2019 : After breaching the rectangle we expect the EURUSD to retrace the test and then climb again.

General Trend: 

The general direction of the EURUSD is bullish from current prices and is expected to recede at 1.1320.
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EURUSD is currently moving in a tight area and a strong demand zone and is likely to bounce back strongly during this week and the long term rally

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 The price of EURUSD  has crossed above and crossed the MA 200 and the SMA 50 and the price is currently floating near the value of the 23

Anger: We do not recommend trading without using the stop loss tool and recommend learning the basics of trading and entry in small size and capital management.