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EUR/USD Closes Below 1.13 After Bullish Rally

Discussion in 'Technical Analysis' started by Kaitlin, Apr 27, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro was up over the trading session on Tuesday, with rallies underpinned by weaker than expected US statistics and upcoming rate statement of the Fed. Yesterday the cap was offered by the weekly R1 at 1.1341, which successfully turned EUR/USD back and forced it to close below the 1.13[​IMG]

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