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Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 11, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for November 11th, 2015 EUR USD, “Euro vs US Dollar” Eurodollar is moving inside its consolidation channel without any particular direction; the entire wave is considered a part of the downtrend. We think, today, the price may continue falling inside the downtrend towards the next target at 1.0500. After that, the instrument may be corrected to return to 1.1000 (an alternative scenario). Later, in our opinion, the market may continue moving downwards to reach 1.0300. GBP USD, “Great

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