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EURUSD: Simple Trading Tips for Beginner Traders for October 5. Analysis of Yesterday's Forex Trades
Trade analysis and tips for the
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Trade analysis and tips for the euroPrice tested 1.1243 when the MACD indicator moved far below the zero line, limiting the pair's downside potential. The test of 1.1261 coincided with MACD beginning to rise from zero, allowing a buy entry that produced a good 20-pip move.Weak US employment data undermined the dollar's main support, and the euro took advantage. September job growth fell well below the twelve-month average, and revisions to the prior two months added negativity. The report's internal
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Jakub Novak,
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