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Forex Market Update - 12th October 2015

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 – The EURUSD had a pretty strong showing last week; pushing up past two bearish pin bars and closing above their high and setting itself up for a re-test of key resistance at 1.1435 this week. If price can break and close above 1.1435 this week, it would be another good sign for bulls and would probably mean price moves at least another 200 to 250 pips higher to test the highs up near 1.1700 area. Overall, we are still essentially neutral on this chart right now but an obvious price

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