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Forex technical analysis: A pop quiz using the EURUSD

Discussion in 'Technical Analysis' started by ForexLive, Nov 21, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Doing what it is supposed to be doing Below is a pop quiz on trading the ACT (Attacking Currency Trends) way. The EURUSD breaks the 200 hour MA (green line in the chart below) and races higher. The price moves to the next key target against a topside trend line and stalls. Where should the price find support?

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