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Forex technical analysis: EURUSD stalled...

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

  1. ForexLive

    ForexLive Forum Member

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    Summer Monday morning after failed coup attempt and more random gun violence in the US. Trump show begins today.... The EURUSD opened higher -recovering the losses from the late Friday coup sell off. That fall sent the pair toward the lower extreme of the 14 day trading range near the 1.1023-27 area. The EURUSD has traded below that extreme on the hourly chart but the lowest close was the 1.1023 level (on a hourly basis). There was a swing low around the 1.1027 area.

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