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EUR/USD To Start New Week On Bullish Note

Discussion in 'Technical Analysis' started by Kaitlin, May 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    For the first time in four days the EUR/USD pair rebounded on Friday of the last week, while the gains are being extended on Monday. We see the most immediate weekly resistance placed at the weekly pivot point near 1.1250, which is backed by a sharp downtrend line around this[​IMG]

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