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EUR/USD: Ranging Action Seen For Now With Support At 1.1164 Then 1.1123 Low

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

  1. Kaitlin

    Kaitlin Forum Member

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    Retains upside bias above the 1.1200 level following rebound from the 1.1138 low yesterday. However, the upside likely to remain limited with resistance at 1.1251 and 1.1279 and clearance here needed to see strength above the 1.1300 level. Ranging action seen for now with support at 1.1164 then 1.1123 low. [PL][​IMG]

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