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EUR/USD Once More Touches Lower Trend Line

Discussion in 'Technical Analysis' started by Kaitlin, Oct 11, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The common European currency slightly fell against the US Dollar on Tuesday morning, as the currency exchange rate moved lower and touched the channel down pattern's lower trend line at 1.1121. Moreover, the trend line is also supported by the first weekly support level at 1.1121 and the lower Bollinger[​IMG]

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