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Monday, September 26, 2016

rhein

EURUSD had a Bullish, beware of Support in 1.1220

The movement of EURUSD are still potentially bullish in the short term, especially as long as the price is still consistently above MA 50-100-200 in the 4 hour chart. In the short term bullish movement limited possibilities given the Stochastic indicator already saturated area.

Support: 1.1220-1.1190-1.1120
Resistance: 1.1250-1.1280 1.1325
Directional : Bullish during the above 1.1220

rhein

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