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EURUSD






4/6/2017 12:56:29 AM

EURUSD - Technical Analysis: Thursday, 06/04/2017 04:56 GMT



The EURUSD pair continues to move near 1.0650 level without breaking it until now, reminding you that breaking this level is required to confirm extending the bearish wave towards the recently recorded low at 1.0495.

We believe that the negative pressure still dominant in general unless the price surpassed 1.0700 then 1.0748 levels and settled above them, as surpassing these levels will push the price to stop the decline that dominated the recent trades and turn to rise on the short term basis.


Target
Risk


Support
Resistance


Trend Bearish

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