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FxWirePro: BTC/EUR takes support near 200 day 4HMA, good to buy at dips

  • BTC/EUR has recovered till 368.64 yesterday and started to slightly decline from that level. It is currently trading around 358.11. Intraday trend is bullish as long as support 340 holds.
     
  • On the higher side minor resistance is around 368 and break above targets 382/390/410.
     
  • Any break below 340 will drag the pair down till 328/320.
     
  • Overall trend reversal only below 328.

It is good to buy at dips around 350-355 with SL around 340 for the TP of 368/382              

 

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