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EUR/USD, Q1 Jan - March, 2016 Forecast

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 4, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Quarterly forecast, January - March, 2016 Main scenario: The pair is trading along an downtrend, that may be expected to continue in case the market drops below support level 1.0580, which will be followed by reaching support level 0.9900. The downtrend may be expected to continue in case the market drops below support level 1.0730, which will be followed by reaching support level 0.9900 - 0.9150. Alternative scenario: An uptrend will start as soon, as the pair rises above resistance level

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