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FX Analysis and Technical Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Apr 9, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    This past week saw a prolonged consolidation for EUR/USD up against major resistance around the 1.1450 area. This consolidation is the latest culmination of a rising trend characterized by higher highs and higher lows since December's lows near 1.0500. During the course of this uptrend, the currency pair has broken[​IMG]

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