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EUR/USD Stopped By Trend Line On Thursday

Discussion in 'Technical Analysis' started by Kaitlin, Oct 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The common European currency slightly rebounded against the US Dollar on Thursday morning, as the currency exchange rate encountered the support of a channel down pattern. Previously, the currency pair moved through a support cluster comprised of the weekly and monthly S2s at 1.1043 and 1.1026. As at the moment[​IMG]

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