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EUR/USD: Steadied At 1.1132 Low Which Stands Just Above The 200-Day MA At 1.1121

Discussion in 'Technical Analysis' started by Kaitlin, Aug 31, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Steadied at 1.1132 low which stands just above the 200-day MA at 1.1121. Break here will see further slide to the 1.1100 level and see risk for further decline to 1.1071 then 1.1046, Aug low. Resistance now at 1.1180 then the 1.1200 level, lift over the latter needed to clear the way for stronger recovery to 1.1245. [PL][​IMG]

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