EURUSD: Rebound Setup (Good R/R)

BULLISH SETUP
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- Long @ 1.0710/1.0722
- Stop below 1.0680*
- Target 1.0820

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* candle close


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WEEKLY SWING MONITOR

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Among lots of rumours and speculations on what would the ECB next move toward monetary easing, i.e. lifting the bond purchases amount, cutting deposit rate,... on next Wednesday, the ECB will examine possible extension of QE purchases to include municipal bonds.

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