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20.01.202005:22 Forex Analysis & Reviews: EUR/USD IPDA 60 Days Premium-Discount Array For Jan 20, 2020

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Exchange Rates 20.01.2020 analysis

After testing the Fair Value Gap at 4, Hour Chart Fiber looks like moving in the Market Maker SELL Model in Low Resistance Liquidity Run condition. It seems this pair will try to attack the Daily Chart SELL Side Liquidity Pool @ 1.1066 but firstly this pair must be breakout and close bellow the 1.1085 and as long they do not break out and close above the Daily Chart BUY Side Liquidity Pool 1.1173 the EUR/USD still continue its down movement.

So the bias from EUR/USD base Interbank Price Delivery Algorithm (IPDA) 60 Days is bearish.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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