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Today's Market Outlook

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

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro regained bearish momentum and accelerated lower, after narrow consolidation. Fresh weakness through important 1.1461 support (former hourly base Fibo 38.2% of 1.1213/1.1614 upleg), is approaching next strong support at 1.1414 (converged daily Tenkan-sen Kijun-sen line 50% of 1.1213/1.1614). Further easing below 1.1414 pivot could be[​IMG]

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