EUR/USD Gets Bullish Momentum From 1.1115

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

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    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 recovery to take place[​IMG]

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