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EURUSD: Looks To Resume Short Term Uptrend

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 9, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    EURUSD: Having taken back its Monday losses to close higher on Tuesday, EURUSD looks to resume short term uptrend triggered from the 1.0521 level. While the 1.0829/1.0796 zone continues to hold as support, the pair should build up on the mentioned short term uptrend. On the upside, resistance lies at the 1.0950 levels where a violation if seen will aim at the 1.1000 level. A break of here will aim at the 1.1050 level with a turn below that level targeting the 1.1100 level. Its daily RSI is

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