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EURUSD: Bullish but with caution

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 5, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    EURUSD: Although EURUSD remains biased to the upside, we envisage a move lower on correction in the new week. Support lies at the 1.1300 level. Further down, support lies at the 1.1250 level where a violation will aim at the 1.1200 level. A break of here will aim at the 1.1150 level. Conversely, on the upside, resistance comes in 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

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