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EURUSD - no stroger impact after solid US jobs data

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EURUSD The Euro maintains overall bullish tone, which peaked at 1.1436, after break and yesterday’s marginal close above 1.1374 breakpoint (former high of 11 Feb). Pullback, triggered by solid US jobs data, is not expected to be deep, as strong bullish momentum persists, keeping the pair on track for strong weekly bullish close, after the month-end in long bullish candle. Low of the day at 1.1365, which lies just above hourly Ichimoku cloud top and marks initial support, remains intact for now,

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