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Daily Forex Chart Art - Jan. 4, 2016

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/GBP: Daily This one’s still lookin’ pretty solid, forex fellas! EUR/GBP is lingering at the top of its long-term range visible on the daily time frame, probably deciding whether to go for an upside breakout or to head back to the bottom. Technical indicators are giving mixed clues, with stochastic looking poised to move south and the moving averages showing a fresh upward crossover. If you’re bullish on this one, better wait for a long green candle to close above the .7400-.7450 levels

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