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EURUSD is on its way to a dip buying opportunity

Discussion in 'Technical Analysis' started by ForexLive, May 18, 2016.

  1. ForexLive

    ForexLive Forum Member

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    The euro is closing in on a decent looking support area 1.1300 gave out pretty easily today as resistance around 1.1330/40 kept the recent bearish trend in play. I would have looked for the big figure to put up more of a fight but if the topside wasn't reclaimed, there was only one other way to go.

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