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EURUSD






1/5/2015 2:21:03 AM

EURUSD - Technical Analysis: Monday, 05/01/2015 07:21 GMT



The descending channel’s support was broken, and the price falls under more negative pressure that comes from the exponential moving average 50.

The bears’ power indicator rises, and we are waiting the bearish wave to extend towards 1.1600 areas.


Target
Risk


Support
Resistance


Trend Bearish

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