EUR/USD Weekly Technical Report 26-30/1/2015
ecPulse
2015-01-26 07:22AM UTC
The pair is trading below 1.1200 confirming our previously suggested negative expectations, and holding below this level is negative and supports further bearishness. The pair is currently targeting 1.1100, whereas breaking and stabilizing below it extends the downside move to target 1.1020 and 1.0830.
Trading below 1.1300 is negative and support the downside move, while breaching 1.1370 threatens to fail the suggested expectations.
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