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Forex technical analysis: EURGBP falls below support area

Discussion in 'Technical Analysis' started by ForexLive, Apr 20, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Making a break lower... The EURGBP is under pressure today with the price falling below the 200 bar MA on the 4-hour chart. Yesterday, there was a bar that closed below that MA line. This was the first close below the line since March 10. It was also short lived as the price moved higher into the close.

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