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EUR/USD Approaches Support Up-Trend

Discussion in 'Technical Analysis' started by Kaitlin, Feb 24, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    EUR/USD retains potential to go lower from here. There are still 40-50 pips left until the probable turning point. The 1.0972/51 demand area consists of several notable levels, including the lower bound of the ascending channel, 100-day SMA, and monthly R1. In case it holds, the target for the next[​IMG]

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