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Forex technical analysis: EURUSD rebounds. Moves toward key trend line.

Discussion in 'Technical Analysis' started by ForexLive, Sep 22, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Trades near highs for the day The EURUSD moved higher in trading yesterday (lower dollar) on the back of the FOMC decision and press conference. The pair stalled near the 100 day MA at the 1.11816 level (see chart below). That was step 1.

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