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Daily Technical Outlook And Review

Discussion in 'Technical Analysis' started by Kaitlin, Jan 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    As can be seen from the H4 chart, despite negative U.S manufacturing and construction data, the single currency sold off from just below mid-level resistance (1.0946) 1.0950 going into American trade yesterday. This 160-pip or so drop took out a couple of technical supports before ending the day whipsawing through[​IMG]

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