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Forex technical analysis: EURUSD keeps the bearish pressure on

Discussion in 'Technical Analysis' started by ForexLive, Oct 11, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Making new session lows The EURUSD held resistance against MA levels on Friday and on Monday. Today, the pair has continued the bearish run by breaking below a lower channel trend line at the 1.1100 level. That line was broken and then re-tested. Sellers kept a lid on it. Bears remain in control below that level.

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