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EURUSD shorts at resistance at 1.1040/45 worked perfectly

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 7, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 07 March 2016 EURUSD Spot EURUSD shorts at resistance at 1.1040/45 worked perfectly as the pair topped exactly here & sold off to the important 1.0985/90 level & bottomed exactly here. A break below 1.0980 therefore signals further losses to probably the best support for today at 1.0960/55. However a break below 1.0940 risks a slide as far as support at 1.0910/05. Holding 1.0985/90 allows a recovery to 1.1015, perhaps as far as strong resistance at 1.1040/45 & the

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