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XAU/USD 4H Chart: Channel Up

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 20, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    EUR/USD 4H Chart: Channel Up Comment: EUR/USD is set to advance higher. At the beginning of March, the currency pair successfully tested the major support trend-line and thus confirmed its bullish intentions. Moreover, there is now an ascending channel emerging in the four-hour chart. During the next several days, the price is expected to extend its latest recovery from the lower boundary of the pattern to the upper trend-line. This scenario is supported by the favourable signals provided by

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