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EUR/USD Confirms Uptrend To The Downside

Discussion in 'Technical Analysis' started by Kaitlin, Mar 1, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Pessimistic inflation statistics from the Euro zone used to have a direct negative impact on the Euro on Monday, even though the currency attempted to remain above 1.0930 in the first part of the day. Eventually, it closed at 1.0872 and kept the weekly S1 intact. The two-month uptrend line[​IMG]

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