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EURUSD






4/24/2020 8:21:10 AM

EURUSD - Technical Analysis: Friday, 24/04/2020 12:21 GMT



The EURUSD pair returns to decline after testing the descending channel’s resistance, waiting for more bearish bias to 1.0700 then 1.0600.

The exponential moving average 100 supports the expected bearish trend, and consolidating below 1.0980 is important to continue the expected decline.


Target
Risk


Support
Resistance


Trend Bearish

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