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EURUSD Eases From Recovery High At 1.1277, N/T Focus Remains At 1.1300/25 Targets

Discussion in 'Technical Analysis' started by Kaitlin, Sep 27, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro eases from the peak of strong four-day recovery at 1.1277, where rally found strong resistance (Fibo 76.4% of 1.1325/1.1122/former highs of 15/09 Sep). Pullback found footstep at 1.1234 (lower Bollinger band of hourly chart, reinforced by 30SMA/daily Kijun-sen line), which is expected to ideally contain dips.[​IMG]

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