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EUR/USD Remains In Vicinity Of 1.11

Discussion in 'Technical Analysis' started by Kaitlin, Feb 19, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Downside risks for the Euro are on the table, considering that EUR/USD has tumbled for a fifth day in a row on Thursday. The bears are still unable to penetrate the 1.11 support area, with gains contained mainly by the weekly S1 and 20-day SMA. From here we foresee a[​IMG]

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