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Market Morning Briefing

Discussion in 'Technical Analysis' started by Kaitlin, May 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Euro (1.1486) and Pound (1.45178) are trading weaker today. Euro may resume its downtrend towards 1.1400-1.1350 while below 1.15. On the other hand there is 21-day MA and the 100-day MA coinciding near 1.4377 on Pound and it may provide good interim support in the near term. This may indicate[​IMG]

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