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EUR/USD Plummets To Two-Month Low

Discussion in 'Technical Analysis' started by Kaitlin, May 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    By losing 80 pips or about 0.7%, the EUR/USD currency pair dropped the most in four days on Tuesday and closed the session below the 100-day SMA and weekly S1 at 1.1140. While the upward correction is likely today, we are still closely monitoring the ability of the bears to[​IMG]

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