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EUR/USD Diminishes With ECB Meeting Looming

Discussion in 'Technical Analysis' started by Kaitlin, Apr 21, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Bullish intentions of the Euro failed near the 1.1390 mark on Wednesday. Additionally boosted by upbeat US housing figures, EUR/USD dropped back under the weekly pivot and closed below 1.13. The focus is now turning to the cluster of supports at 1.12 with the key look at the monthly pivot,[​IMG]

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