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EURUSD






12/11/2014 1:53:04 AM

EURUSD - Technical Analysis: Thursday, 11/12/2014 06:53 GMT



The price stability below 1.2500 resistance keeps the negative pressure valid, and stochastic is negative now to support this level’s strength.

Breaching this resistance might push the price to test the descending channel’s resistance before bouncing downwards to resume the main bearish trend.


Target
Risk


Support
Resistance


Trend Bearish

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