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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, May 24, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro is attempting to break below three-day consolidation low at 1.1178, on today's fresh bearish acceleration that signals an end of near-term consolidation phase and resumption of larger downleg from 1.1614 (03 May high. Setup of daily studies remains bearish and suggests further easing, after falling 5SMA capped recent[​IMG]

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