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EURUSD: Recovery Is Trading Near Resistance

Discussion in 'Technical Analysis' started by Kaitlin, Dec 14, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    EURUSD is higher, most likely in wave C) that is moving towards 1.1070 level where resistance of a former wave 2) correction can cause a new turning point. Ideally market will turn to the downside this week as rise from the low can be considered as sharp corrective wave (4);[​IMG]

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