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EURUSD Risk to the Downside Below 1.0685!
Euro / U.S. Dollar
EURUSD Risk to the Downside Below 1.0685!
By UnknownUnicorn261897
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Jan 17, 2017
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Cheer
Cheer
Jan 17, 2017
Good evening traders!
The 1.0685 high held through the US retail sales figure, keeping pressure to the downside on the short-term.
At this point, the risk is to the downside with price below 1.0685.
It would take a
sustained
break above the figure to put buyers back in control.
To the downside see short-term support at 1.0565.
A break below the support figure will put sights down to the 1.05 figure.
Enjoy!
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EUR
EURUSD
price
SELL
short
support
Support and Resistance
USD
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