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

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 20, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for October 20th, 2015 EUR USD, “Euro vs US Dollar” Eurodollar is moving downwards with the target at 1.1300. After that, the instrument may return to 1.1400 and then form another descending structure with the target at 1.1242. GBP USD, “Great Britain Pound vs US Dollar” Pound is consolidating; the pair has formed another triangle pattern, which may be considered as the start of the correction towards 1.5320. We think, today, the price may reach a new high and then continue falling

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