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EURUSD






4/17/2020 2:42:04 AM

EURUSD - Technical Analysis: Friday, 17/04/2020 06:42 GMT



After reaching the waited negative target at 1.0860, the price heads for more decline, attempting to break this level.

The descending channel organizes the expected bearish wave, and the negative pressure coming by the exponential moving average 100 adds more confirmation the continuation of the decline in the coming period.


Target
Risk


Support
Resistance


Trend Bearish

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