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EUR/USD Is Committed To Penetrating 1.08

Discussion in 'Technical Analysis' started by Kaitlin, Dec 8, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    EUR/USD still continues to absorb a substantial rally of the previous week. There is more room for a rise up to the 55-day SMA at 1.0984 in the nearest future. However, the broader outlook favours the bearish scenario for the moment. We see 1.08 as the main goal of the[​IMG]

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