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Daily Technical Analysis

Discussion in 'Technical Analysis' started by Kaitlin, Jan 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EURUSD was indecisive yesterday. Price attempted to push lower bottomed at 1.0777 but whipsawed to the upside and closed higher at 1.0871. The bias remains neutral in nearest term. Immediate resistance is seen around 1.0885 (H1 EMA 200). A clear break above that area could trigger further bullish pressure[​IMG]

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