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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, Feb 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for February 17th, 2016 EUR USD, “Euro vs US Dollar” Eurodollar is consolidating near the minimums of its descending wave. We think, today the price may expand the channel upwards to start a correction with the target at 1.1250. After that, the market may continue falling inside the downtrend to reach 1.1000. GBP USD, “Great Britain Pound vs US Dollar” Being under pressure, Pound is falling. We think, today the price may reach 1.4266 and then return to 1.4430 to test it from below or

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