Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, May 16, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Euro ended the second consecutive week in red, after strong downside pressure was signaled by very long upper shadow of previous week’s candle. Strong bearish acceleration on Friday, sparked by upbeat US data, posted new 4-week low at 1.1281, with additional bearish signal, generated on daily close below 1.1367[​IMG]

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