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USD/DKK 4H Chart: Rising Wedge

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 30, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    EUR/TRY 1H Chart: Channel Up Comment: The outlook on EUR/TRY is strongly bullish. The currency pair has just broken through a major resistance trend-line and formed an ascending channel. The losses are to be limited by the rising support at 3.10, and the target is 3.1479, where the weekly R1 merges with the upper boundary of the pattern. Alternatively, if demand at 3.10 proves insufficient to trigger a rally, additional supports are at 3.08, created by the weekly PP and Nov 27 high, and at

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