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EURUSD breaks below cluster of support

Discussion in 'Technical Analysis' started by ForexLive, Jan 29, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Trades with the illiquid feeling The EURUSD marched down in a fairly steady fashion after the US GDP . Looking at that move lower (see 5 -minute chart), there was little in the way of buying. Just a steady selling that took the price from 1.0917 to 1.0864.

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