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EURUSD Final Bear Rally Leg Underway

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Price recently traded down to support outlined in previous analysis before reversing and trading higher in impulsive style. While a turn back up was expected in order for the bear rally to embark on the final leg higher, this move was on the back of the ECB announcement. There is always a reason for a move and the market does indeed work in mysterious ways. Some will say this was just a lucky coincidence and I must admit I don’t truly understand it. However, what I do understand is that I have

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