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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, Jan 20, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Analysis for January 20th, 2016 EUR USD, “Euro vs US Dollar” Eurodollar is trying to form an ascending structure to expand its consolidation channel upwards. We think, today the price may reach 1.0910 and then grow towards 1.1012. However, this growth may be considered only as an alternative scenario, according to which the correction may yet continue. GBP USD, “Great Britain Pound vs US Dollar” Pound continues falling. We think, today the price may reach 1.4080 and then return to 1.4200.

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