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EUR still consolidates in a narrow range, waiting for the end of month economic data

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 28, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Despite last week's pullback from 1.1340 EUR is still preserving bullish outlook. Currently we are still above the Daily Senkou Span A price of the positive cloud which for the moment serves as support line. As we don't have any EUR positive news this week it is more likely the price to continue to move along with the Senkou Span A Daily price till Thursday at least or extend to Friday too.GOLD makes a downside correction which has started last week and is still not finished. Target area is

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