The EUR/USD position has bounced back from a 10-month low of 1.2017 this week and is expected to close better than the 1.2200 level by the end of the day. I have been holding the position since Tuesday. The bullish price movement today was actually pre-indicated by yesterday and this morning technical charts. Now, the position is officially closed for a reasonable 52-pips profit. I have decided to continue holding the USD/CHF position into next week.
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