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EUR/USD On Track To Erode Weekly Losses

Discussion in 'Technical Analysis' started by Kaitlin, Nov 21, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Yesterday the EUR/USD cross strengthened the most since Nov 12, by piercing through the 1.07 mark and consolidating somewhat below 1.0750 by the end of trading. Both weekly pivot point and monthly S1 at 1.0758/68 are unlikely to be crossed on Friday, unless any shock for the Dollar appears unexpectedly.[​IMG]

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