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Forex Analysis Analize forex market trends by using specific method of common analysis. This forum discuss about them in depth.

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  #291  
Old 18-01-2018, 09:56 PM
FXTechstrategy FXTechstrategy is offline
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EURUSD: The pair continues to retain its upside pressure as it looks to target the 1.2322 level . On the upside, resistance comes in at 1.2300 level with a cut through here opening the door for more upside towards the 1.2350 level. Further up, resistance lies at the 1.2400 level where a break will expose the 1.2450 level. Conversely, support lies at the 1.2200 level where a violation will aim at the 1.2150 level. A break of here will aim at the 1.2100 level. Below here will open the door for more weakness towards the 1.2050. Its daily RSI is bullish and pointing higher. All in all, EURUSD faces further upside move on bullish offensive

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  #292  
Old Yesterday, 12:05 AM
FXTechstrategy FXTechstrategy is offline
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Default EURUSD: Vulnerable, Loses Upside Momentum

EURUSD: The pair backed off higher prices to close on a rejection candle the past week. On the upside, resistance comes in at 1.2250 level with a cut through here opening the door for more upside towards the 1.2300 level. Further up, resistance lies at the 1.2350 level where a break will expose the 1.2400 level. Conversely, support lies at the 1.2200 level where a violation will aim at the 1.2150 level. A break of here will aim at the 1.2100 level. Below here will open the door for more weakness towards the 1.2050. Its daily RSI is bullish and pointing higher. All in all, EURUSD faces further upside move on bullish offensive

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