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EUR/USD: Poised For A Retreat?

Discussion in 'Technical Analysis' started by Kaitlin, Dec 16, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    EUR/USD began to retreat on Tuesday after rising earlier towards major resistance around both its 200-day moving average and the key 1.1100 level. This retreat occurred after annualized US inflation data for November in the form of the Core CPI was reported to have risen a full 2.0% during the[​IMG]

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