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EUR/USD Consolidates Below 1.09, Eyes Weekly S1

Discussion in 'Technical Analysis' started by Kaitlin, Mar 2, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    EUR/USD has ultimately confirmed its bearish intentions, as it managed to hold below the Jan-Feb uptrend for two days in a row. The first support today is offered by the weekly S1 at 1.0852, but any encouraging US ADP numbers later in the day may provoke a sell-off down to[​IMG]

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