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EURUSD Daily Look
Euro / U.S. Dollar
Short
EURUSD Daily Look
By UnknownUnicorn261897
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Dec 28, 2016
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Dec 28, 2016
Hello Traders!
With the 1.048~ resistance level holding very firmly after the 1.05 spike high we are now seeing a significant sell-off.
Bias is to the downside now and shorting opportunities are preferred as long as we remain below 1.05.
There is strong support at the 1.0335 figure which marks the 2003 low that needs to be broken for continued weakness on this pair.
However if price manages to break below 1.0335 it will open up the downside.
action
Bearish Patterns
downtrend
EUR
EURUSD
price
SELL
short
Support and Resistance
USD
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EURUSD Short-term Technical Outlook
by UnknownUnicorn261897
Published
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