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SocGen sees bullish signals from EUR/GBP and USD/CAD

Discussion in 'Market News' started by ForexLive, Feb 8, 2016.

  1. ForexLive

    ForexLive Forum Member

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    From SocGen: Having achieved our advocated target of 0.7750, has been undergoing a pause. The pair has sustained above the confirmation level of the double bottom and inverted H&S at 0.75/0.7450 which remains an important support. Recently, the pair has rebounded after testing a multi month trend support (currently at 0.76) and is now closing in on January highs of 0.7750.

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