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EUR/USD Remains Near 1.0550

Discussion in 'Technical Analysis' started by Kaitlin, Jan 11, 2017 at 10:59 AM.

  1. Kaitlin

    Kaitlin Forum Member

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    On Wednesday morning the common European currency remained almost flat against the US Dollar near the 1.0550 mark. During Tuesday's trading session the rate once more tried to move higher and failed after encountering the resistance line of a medium term ascending channel. Due to that the outlook for the[​IMG]

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