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EUR/USD, forecast from: 23 November, 2015

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 24, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Main scenario: The pair is trading along an downtrend and already has reached main support level on 1.0590. The downtrend may be expected to continue in case the market drops below support level 1.0590, which will be followed by reaching support level 1.0490 and then possible to 1.0390. Alternative scenario: An uptrend will start as soon, as the pair rises above resistance level 1.0725, which will be followed by moving up to resistance level 1.0830 and then to 1.0980.

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