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EUR/USD Resumes Falling As ECB Meeting Begins

Discussion in 'Technical Analysis' started by Kaitlin, Mar 9, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Daily technical indicators assume the EUR/USD currency pair will come under a heavy selling pressure on Wednesday when the ECB's two-day meeting starts. Yesterday the cross was denied by the 200-day SMA at 1.1043. The bears are setting eye on the demand cluster at 1.0974/58 where the 55-day SMA and[​IMG]

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