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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Feb 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The Euro eventually broke strong 200SMA support and slid to psychological 1.1000 support, on yesterday's bearish acceleration. Slower EU growth, Brexit fears and expectations of ECB's next action, weigh on the single currency, which is also pressured by negative technicals. Yesterday's fall that closed below 200SMA, failed to clear 30SMA,[​IMG]

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