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EUR/USD Approaches Support Cluster At 1.08

Discussion in 'Technical Analysis' started by Kaitlin, Jan 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Yesterday neither bulls nor bears managed to gain control over the EUR/USD cross, meaning the exchange rate ended American session with almost no change in daily value. Despite that, bearish sentiment seems to be prevailing in the market right now, as the pair is moving inside the channel down pattern.[​IMG]

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