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EUR/USD to remain under bearish pressure

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Technical Analysis EUR/USD to remain under bearish pressure “But we think they [ECB] will [add stimulus], which should take euro-dollar down to $1.05 ahead of Dec. 3, and we picture ending the year at parity.” - Goldman Sachs (based on Bloomberg) Pair’s Outlook After penetrating the seven-month downtrend line, the EUR/USD currency pair is going to remain under bearish pressure, even though it showed some gains yesterday. A revival failed to send the cross above 1.10, where it should have met

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