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EUR/USD Fails To Overcome Weekly PP

Discussion in 'Technical Analysis' started by Kaitlin, Dec 24, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    EUR/USD attempted to push itself below the weekly pivot point and monthly R1 around 1.09 on Wednesday. However, the bulls were strong enough in order to avoid a decline under this psychological level. Thursday is expected to be spent in a light trading around the 55-day SMA, currently at 1.0922,[​IMG]

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