The Technical Confluences Indicator shows that the recent surge in the EUR/USD sent it piercing through a dense area of resistance levels. The $1.2325 to $1.2335 area it had struggled with is the confluence of the SM100-15m, the SMA10- one day, the 1h low, the SMA10-1h, the SMA200-4h, the Bolinger Band 1h-Middle (Stdv 2.2), the BB 1d-Middle, the SMA-t-1hv, [...]
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