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Morgan Stanley Long on EUR/USD from 1.1600 – SL: 1.1500 / TP: 1.2100

Morgan Stanley are positive toward the EUR, recommending a Buy Limit Order at 1.16000 with SL: 1.1500 and TP: 1.2100.

Technically, the price is on a resistance zone, which can be confirmed if NFP data is better than expected today. Otherwise, a break in the upward direction without a 1.16000 test is very likely. Long entry from current levels remains at risk.

 


 Trader Petar Milanov


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