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EURUSD: Threats Builds Up Pressure On The 1.1459 Zone

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 12, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    EURUSD: Having EUR closed strongly higher the past week, it now looks to extend that strength towards its key support zone at 1.1459. We may see price hesitation at this level or even a pullback. Support lies at the 1.1300 level where a violation will aim at the 1.1250 level. A break of here will aim at the 1.1000 level with a turn below that level targeting the 1.1250 level. Conversely, resistance is seen at 1.1400 level with a cut through here opening the door for more upside towards the

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