Trading Signal for EUR/USD for May 04-05 2021: Sell below 1.2080

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Support and Resistance Levels For May 04 - 05, 2021

Resistance (1) 1.2060

Resistance (2) 1.2089

Resistance (3) 1.2107

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Support (1) 1.2026

Support (2) 1.1988

Support (3) 1.1963

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Trading Tip for EUR/USD for May 04 - 05, 2021

Sell if pullback 1.2085 (Strong resistance and 6/8 of murray) with take profit at 1.2024 (5/8) and 1.1970(4/8), stop loss above 1.2120.

Sell below 1.2025 (strong support), with take profit at 1.1926 (EMA 200), stop loss above 1.2070.

The material has been provided by InstaForex Company - www.instaforex.com

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