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EUR/USD's Bears To Face Monthly R2

Discussion in 'Technical Analysis' started by Kaitlin, Feb 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Last Friday was the first bearish day for EUR/USD in six consecutive trading sessions. After touching the third monthly resistance at 1.1246, the pair has immediately bounced back to close slightly above 1.1150. On Monday the volatility could wane, but the bears will continue aiming at the monthly R2 at[​IMG]

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