EUR/USD Falls Below SMAs On Wednesday

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

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Euro is trading below a combined cluster of the 55 and 200-day simple moving averages against the US Dollar, as the currency exchange rate fell below the 1.1150 mark. Although, it was forecasted that the rate will remain squeezed in between two clusters of significant levels, the pair also[​IMG]

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