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EURUSD

Relu21 Posted 7 Giu  in #Trader's blog #Eurusd
EURUSD- 07/06/2018
Despite the latest round of setbacks into the 1.1500 area, the Euro remains confined to a medium term uptrend, with any additional weakness expected to be limited. Daily studies are already turning back up after the market finally dropped back to retest a major previous resistance turned support zone in the form of the breakout area from 2017. A daily close back above 1.1830 will strengthen the constructive outlook.
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EURUSD

Relu21 Posted 23 Mag  in #Trader's blog #Eurusd
EURUSD – technical overview
Despite the latest round of setbacks, the Euro remains confined to a medium term uptrend, with any additional weakness expected to be limited. Daily studies are looking to turn back up from oversold readings, while any recovery will also open the door for the possibility of that next meaningful higher low ahead of a bullish continuation. A daily close back above 1.2000 will however be required to encourage this prospect. Setbacks are expected to be well supported ahea…
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