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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, May 17, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro consolidates above fresh low at 1.1281, posted on Friday, holding within narrow range. The action remains for now below initial resistance at 1.1344 Fibo 38.2% of 1.1445/1.1281 downleg), with mixed near-term technicals. Limited upside action is expected as larger picture is bearishly aligned, with strong bearish signal being[​IMG]

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