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If it bounce, 1425 may be today's target

EUR/USD is bouncing after making the low at 1.27635. If this bounce is sustainable, the support was a bit higher than the area I expected  1.27547-1.27383. SPX - Yesterday's low was bought as the market made higher high and higher low. With pre-market's today in green color, bulls are taking advantage.

For day trade, bulls may target the area 1425.00 to meet the trend-line cap. Posted by StockMarketWinner at 2:32 AM