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AUDUSD - near-term bulls focus 0.7280 pivot

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 22, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EURUSD The Euro peaked at 1.0937 yesterday, on two-day rally from 1.08 base, with recovery being so far capped by falling daily 55SMA, which guards more significant daily Ichimoku cloud base at 1.0950. Near-term technicals are gaining traction and support fresh attempts higher. On the daily chart, indicators are in positive territory, with reversed slow Stochastic, heading north and showing more room upside. Penetration into daily cloud, is needed to signal bullish resumption towards

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