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EUR/USD Breaches 1.1250, Sets Eye On 1.1330

Discussion in 'Technical Analysis' started by Kaitlin, Feb 10, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Continuous worries about global economy helped the Euro in gaining more strength on Tuesday. EUR/USD penetrated the last monthly resistance line (monthly R3) at 1.1246 and closed the daily session near 1.13. Now the focus turns to the first weekly supply at 1.1330, which is guarded by the upper Bollinger[​IMG]

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