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Weekly Technical Outlook And Review

Discussion in 'Technical Analysis' started by Kaitlin, Feb 1, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Despite last week's action ranging over 180 pips, the single currency closed a mere 37 pips above the prior week's close at 1.0829. Looking at the weekly chart, we can see that a rather vicious selling wick formed, dragging price down to support at 1.0796 (blue line) which has capped[​IMG]

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