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Forex technical analysis: EURUSD reacts to technical levels above. In narrow range.

Discussion in 'Technical Analysis' started by ForexLive, Jan 26, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Still confined. The EURUSD tested the 1.0788 level on the opening yesterday. That level corresponded with the 50% of the move up from the December low (ECB decision day when the EURUSD moved 466 pips). The low was 1.0786 (see daily chart below).

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