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EURUSD: Bull Pressure Leaves Risk Towards Key Resistance

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 9, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    EURUSD - EUR rallied strongly during Friday trading session leaving risk on further upside. It faces a bigger overhead resistance standing at the 1.1433 level, representing its September 18 2015 high. However, immediate resistance resides at the 1.1400 level. On the upside, resistance is seen at 1.1450 level with a cut through here opening the door for more upside towards the 1.1500 level. Further up, resistance lies at the 1.1550 level where a break will expose the 1.1600 level. Its daily RSI

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