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Forex technical analysis: EURGBP trades at session highs

Discussion in 'Technical Analysis' started by ForexLive, Aug 25, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Approaching the 100 bar MA on the 4-hour chart. Risk can be defined and limited It was yesterday, that traders took the EURGBP lower and that pushed the price to test the 200 bar MA on the 4-hour chart at the 0.8479 level (). The low reached 0.8484 and the rally began. Risk could be defined and limited.

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