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EURUSD

MACD indicates that momentum is improving, but it remains in bearish territory. I expect the histogram as well as moving average to approach the centerline during the expected move higher. RSI is trading in territory and a breakout should initiate the rally.Current Level 105.15 I expect the pair to be trading near 1.07500 towards the end of the forecast period which will conclude on the 2nd of FEB, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.
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Elens94 avatar
Elens94 2 Feb

good

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EURUSD

with market still holding trades inside tight zone we still holding our previous outlook as we see over our previous char, Market managed to hold strong as EURUSD success to hold trades above support 1.1100 while market still facing some resistance zone at 1.1280-90 and 1.1358as long as market holding trades below those levels the downtrend pressure will back to affect market where a drop wave may hit market toward 1.1086-80 zoneabove 1.1320 market may enter new uptrend wave that may attack resi…
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EURUSD UP TREND NEXT MONTH

Charts: 1 HOUR,

The EUR/USD has corrected sharply after trading inside its horizontal as visible in this daily chart (H1).
This currency pair is now trading inside its horizontal support level
which is marked in blue in the above chart. We expect the EUR/USD to
rally higher and back into its horizontal resistance zone which is
marked in red.
Indicators: MACD RSI
MACD indicates that momentum is improving, but it remains in bearish
territory. We expect the histogram as well as moving average to a…
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