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Forex technical analysis: EURUSD having a Friday type of day after failing to break higher

Discussion in 'Technical Analysis' started by ForexLive, Mar 18, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Couldn't break higher. Goes lower. Up on the week. Profit taking before the weekend. The EURUSD this week bottomed just above the 200 day MA at 1.1048 - the low was 1.1057. That was on Wednesday. Needless to say, the FOMC decision had a say in the the move higher.

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  2. Eliza Abrams

    Eliza Abrams Well-Known Member Trader

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    EUR/USD has had that kind of a day for months now, to be honest.
     

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