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Daily Technical Analysis

Discussion in 'Technical Analysis' started by Kaitlin, Oct 29, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The EURUSD had a bearish momentum yesterday on broad US Dollar strength after the FOMC, broke below the bullish channel as you can see on my H4 chart below. The bias is bearish in nearest term testing 1.0800. Immediate resistance is seen around 1.1000. A clear break above that area[​IMG]

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