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Forex technical analysis. EURUSD gets close to 200 day MA

Discussion in 'Technical Analysis' started by ForexLive, Aug 31, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Follows dollars lead... The dollar has been bid in early NY trading, and the EURUSD has tracked lower as well. The pair reached new lows for the week/ new lows going back to August 10th. The low is 1.1122. The pair got closer to the key support at the 200 day MA at 1.1116 area. The price has rebounded to 1.1136 currently.

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