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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, May 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro resumes downtrend from 1.1614 (03 May peak) and breaks below former low rising 55SMA at 1.1281, after ending two-day consolidation phase. Fresh weakness cracked daily Ichimoku cloud top at 1.1264, eyeing breakpoint at 1.1213 (25 Apr trough 50% of 1.0820/1.1614 ascend. Daily indicators are breaking into[​IMG]

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