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Weekly Overview on Majors' Price Action

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EURUSD - Finally Out After along period of sideways move the price of EURUSD managed to break the pattern.The bulls won the tug of war with the bears, managing to break above the 1.1000 resistance and hit the next round number level from 1.1200. This resistance held on pretty ok, the price bounced from it back towards 1.1100. Considering the current conditions of the market, I would expect for the price to continue the uptrend towards the next round number level and key resistance from

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