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Daily Technical Outlook And Review

Discussion in 'Technical Analysis' started by Kaitlin, Apr 19, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Starting from the top this morning, we can see that the single currency formed a bearish engulfing candle last week within the confines of a weekly supply drawn from 1.1533-1.1278. Should this area hold prices lower for a sixth consecutive time, weekly support at 1.0796 will likely be the next[​IMG]

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