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Forex technical analysis: EURUSD has a lid above

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

  1. ForexLive

    ForexLive Forum Member

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    200 bar MA on the 4-hour chart/Swing low from Thursday Keep an eye on the 1.1267 area (approaching now). The 200 bar MA on the 4-hour chart is at the level. It also was the swing low from Thursday's trading last week (see chart below). Earlier the price corrected to the level and stalled.

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