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EUR/USD Flat At 1.1140 On Friday Morning

Discussion in 'Technical Analysis' started by Kaitlin, Aug 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The common European currency moved below the 55-day simple moving average at 1.1150 against the US Dollar, and the currency exchange rate remained below the SMA on Friday morning, as by 5:30 GMT the pair was at 1.1140. As the rate has formed a channel up trend starting with August[​IMG]

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