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forecast, February 2016: break up of 1.0985 will start uptrend to 1.1380

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 2, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Main scenario: The pair is trading along an sideways trend between support 1.0810 and resistance 1.0985. An uptrend will start as soon, as the pair rises above resistance level 1.0985, which will be followed by moving up to resistance level 1.1200 and 1.1380. Alternative scenario: An downtrend will start as soon, as the pair drops below support level 1.0810, which will be followed by moving down to support level 1.0580.

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