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Quid dips below 1.5000 and eye's support at 1.4985/90

Discussion in 'Technical Analysis' started by ForexLive, Dec 8, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    1.4985/90 was support before the blowout to the low 1.49's and was a resistance level back in Mar/Apr It's playing support once again but I wouldn't hang my hat on it. I had thoughts that the pound would be most susceptible to a reversal after the ECB and here we are looking soggy again

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