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EURUSD - Faces Downside Pressure On Bear Pressure

Discussion in 'Technical Analysis' started by Kaitlin, May 17, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    EURUSD With EURUSD continuing to maintain its downside pressure, further downside pressure is likely. Support lies at the 1.1250 level. Further down, support comes in at the 1.1200 level where a violation will aim at the 1.1150 level. A break of here will target the 1.1100 level. Its daily[​IMG]

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  2. Eliza Abrams

    Eliza Abrams Well-Known Member Trader

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    I too think it will continue falling but first it has to break below 1.1300 again.
     

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