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EURUSD holding above 1.0950 re-targets 1.0975/80

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 14, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 14 December 2015 EURUSD Spot EURUSD holding above 1.0950 re-targets 1.0975/80. A break above 1.1000 is more positive but approaching very strong resistance at 1.1045/55 is where we should obviously struggle. This remains the main challenge for bulls this week & an excellent selling opportunity. Shorts need stops above 1.1085. Next target 1.1095 then 1.1139. Below 1.0975 risks a slide to 1.0950 then first decent support at 1.0930/25. Watch for a low for the day but longs

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