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EURUSD Remains Biased Higher, Daily Tenkan-Sen Expected To Contain Dips

Discussion in 'Technical Analysis' started by Kaitlin, Sep 9, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro maintains bullish bias despite yesterday’s upside rejection at 1.1325 and subsequent pullback that formed daily candle with long upper shadow. This signals bulls’ hesitation and the price may spend some time in consolidation before resuming upleg from 1.1139 (06 Sep low). Long bullish candle that was formed on[​IMG]

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