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EUR/USD To Remain Under Bearish Pressure

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

  1. Kaitlin

    Kaitlin Forum Member

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    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 the monthly S1 at 1.1022 and the downtrend itself around 1.1060. Therefore,[​IMG]

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