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On Tuesday, February 19, the EURUSD rate drew a strong daily bullish candle - a clear signal of a reversal upward.
Now the price has stalled in the middle of the line (Alligator Bill Williams) by the day. The next target is a strong resistance line on the way up to around 1.1420-1.1430.
There are two news that can push - or try to break the movement: the Fed's minutes at 18.00 London time - and the meeting of British Prime Minister Theresa May and European Commission head Jean-Claude Juncker - the latest attempt to help the British government carry out an agreement with the EU on Brexit through Parliament.
We keep buying from 1.1315.
Alternative: Sell from 1.1230.
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