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EUR/USD To Extend Recovery

Discussion in 'Technical Analysis' started by Kaitlin, Oct 15, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The fundamentals overrode technicals yesterday, and weak US data threw EUR/USD over several important resistances, paving the way for an extension of this rally. The upside is no longer limited by the monthly R1 and September high. And even though the long-term indicators are bearish, the pair has a good[​IMG]

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