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USD/PLN 1H Chart: Channel Down

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 8, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    EUR/SEK 1H Chart: Channel Up Comment: EUR/SEK has recently confirmed formidable resistance at 9.45 (October high), but there is still a high chance the Euro will keep gaining ground. The currency pair is expected to stabilise near the lower boundary of the emerging channel at 9.43/9.42 and resume the rally. Once above 9.45, the next target will be the weekly R1 at 9.51, with potential to test the September high at 9.53. On the other hand, if the pattern is broken to the downside, support might

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