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EUR/USD: sideways trading between 1.0915 and 1.0855

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 29, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Main scenario: The pair is trading along an sideways trend between resistance 1.0915 and support 1.0815. An uptrend will start as soon, as the pair rises above resistance level 1.0915, which will be followed by moving up to resistance level 1.0985. Alternative scenario: An downtrend will start as soon, as the pair drops below support level 1.0855, which will be followed by moving down to support level 1.0785.

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