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EUR/USD Pierces Through Trend-Line, 200-Day SMA

Discussion in 'Technical Analysis' started by Kaitlin, Jun 24, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    EUR/USD has already plummeted through most of the key supports, including the 200-day SMA, May low and the lower bound of the ascending channel. There is a possibility that the pair will be able to recover back above some of these supports today to preserve the long-term bullish outlook, but[​IMG]

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