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Forex technical analysis: EUR crosses hit the skids

Discussion in 'Technical Analysis' started by ForexLive, Nov 10, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Follow the EURUSD lower... The EURUSD got off to a weak start in the NY session after rallying up until that time. The EUR crosses have also hit the skids. The EURJPY has fallen below support levels including the 100 and 200 bar MA on the 5-minute chart (blue and green line) and also the 200 hour MA at 132.607 and the 100 hour MA at 132.44. You break back below these technical levels and the mood sours for the buyers.

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