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EUR/USD On The Verge Of Breakdown?

Discussion in 'Technical Analysis' started by Kaitlin, Jul 27, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    EUR/USD has been trading in a relatively tight consolidation for the past month since the immediate aftermath of June’s Brexit vote, when the currency pair plunged sharply below a large parallel uptrend channel. That plunge brought EUR/USD back down to establish a key support zone around the 1.0900-1.0950 area. This[​IMG]

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