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EUR/USD: Pressure Stays On The Downside Following Rejection From The 1.1252 High

Discussion in 'Technical Analysis' started by Kaitlin, Sep 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Pressure stays on the downside following rejection from the 1.1252 high last Fri. Risk seen for further weakness to retest the 200-day MA at 1.1130 then the 1.1123 low. Break will see further weakness to target 1.1071 then 1.1046 low. Resistance now at 1.1175 then the 1.1200/10 area. [PL][​IMG]

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