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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, Mar 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Analysis for March 16th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar is consolidating around 1.1090. This consolidation channel may be considered as a downside continuation pattern. The local target is at 1.1000. GBPUSD, “Great Britain Pound vs US Dollar” Being under pressure, Pound is moving downwards. We think, today the price may reach 1.4090, return to 1.4235, and then fall again towards 1.4030. USDCHF, “US Dollar vs Swiss Franc” Franc is forming a consolidation channel to break 0.9880

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