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EURUSD - Fresh Upside Attempts Focus Pivotal 1.1080/1.1100 Resistance Zone

Discussion in 'Technical Analysis' started by Kaitlin, Jun 28, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro attempts again at strong 1.1080/1.1100 resistance zone (hourly lower platform 200SMA Fibo 38.2% of 1.1425/1.0909 fall) on fresh acceleration higher after yesterday's long-legged daily candle signaled indecision. Hourly studies are gaining bullish momentum, which may result in further recovery extension. Daily close above 200SMA is needed[​IMG]

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