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EURUSD: Remains Bearish Below 1.1059 Zone

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 21, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    EURUSD: Except the pair sees a reversal of its past week losses, EURUSD remains bearish below 1.1059 zone, representing its Dec 15 2015 low. On the down, support is located at the 1.0800 level and if violated, expect more weakness to occur towards the 1.0750 level. Further down, support lies at the 1.0700 level where a violation will aim at the 1.0650 level. A break of here will aim at the 1.0600 level. On the upside, resistance is comes at 1.0900 level with a cut through here opening the door

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