EURUSD DAILY UPDATES FOR THURSDAY 20th SEPT:
The pair open around 1.1665 and rallied to 1.1715 area and still reversed inside the triangle as you can see on the daily chart above indicated with a yellow arrow. The overall bias remains consolidation gathering momentum for a break out. Any daily close above the triangle and 1.1700 will invalidate the bearish outlook. On the downside 1.1650-1600 remains an important area to watch, then 1.1580 area. Patience is the key to success. monitor the price action for a precise entry ahead of the breakout and take advantage of it. Have a nice trading day ahead.
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