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Forex technical analysis: EURUSD retests the highs but comes back down

Discussion in 'Technical Analysis' started by ForexLive, Feb 3, 2016.

  1. ForexLive

    ForexLive Forum Member

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    200 day MA and trend line at 1.1053 The EURUSD slipped above the 200 day moving average like a hot knife through butter earlier this morning. The price extended to 1.1079 before quickly retracing back lower to a corrective low of 1.1033.

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