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Weekly Overview on Majors' Price Action

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EURUSD – Pushing forward Bulls managed to keep the EURUSD on the uptrend. After the price retested the support from 1.1170, it bounced back with high volatility. It rallied all the way to 1.1400 where it found a pretty strong resistance. For the past several trading days, it moved sideways around 1.1400. A break below 1.1340 could signal a short term drop, towards the next support from 1.1217. On

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