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EURUSD Steady After Another False Break Below Daily Cloud

Discussion in 'Technical Analysis' started by Kaitlin, Oct 3, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro is steady Monday after last Friday's spike to 1.1152 low that cracked key supports (daily cloud base and 200SMA) and subsequent sharp recovery that marked another false break below daily Ichimoku cloud. The cloud is spanned between 1.1167 and 1.1214 and continues to provide support, as Friday's daily[​IMG]

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