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EUR/USD gets bullish momentum from 1.1115

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Technical Analysis EUR/USD gets bullish momentum from 1.1115 “If inflation is slower to return to target, monetary policy normalization should be unhurried.” - Eric Rosengren, Boston Fed President (based on Bloomberg) Pair’s Outlook EUR/USD was largely unchanged over Tuesday after two days of sharp losses. A sell-off is now being contained by the immediate cluster of supports at 1.1115/00. Here we have the monthly R2, which is guarded by the first weekly demand and 20-day SMA. We expect a

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