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FxWirePro: BTC/EUR faces strong support around $320, good to buy at dips

  • BTC/EUR has made a high of 363 and declined till 328 from that level. Intraday trend is still bullish as long as support 325 holds.
     
  • On the higher side major resistance is around 363 (Jul 2015 high) and break above targets 382/391.
     
  • Any break below 325 will drag the pair down till 320/308.
     
  • Short term bullish invalidation only below 320.

It is good to buy on dips around 330 with SL around 320 for the TP of 362/380.    

 

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