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EUR/USD Retreats Below 1.13 Mark On Monday

Discussion in 'Technical Analysis' started by Kaitlin, Aug 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The common European currency began a retreat against the US Dollar on Friday, and the pair continues to move lower on Monday, as by 5:00 GMT it had reached below the newly formed, weekly PP at 1.1281. As the weekly PP's support has been passed, it is most likely that[​IMG]

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