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Thursday, September 22, 2016

rhein

Level 1.1200 Resistant reinforcement of EURUSD

Forex World - EURUSD managed to post a monetary policy decision strengthened the Federal Reserve, but strengthening is seen still stuck level psychological 1.1200.

Transpiration and movement required consistently above the area to rise further to test area 1.1240. Opportunities to 1.1275 be open if EURUSD is able to penetrate 1.1240.

If you see a 4-hour stochastic indicator in the saturated, EURUSD buy can be rectified to 1.1170 area if it failed to penetrate the 1.1200 upwards. Further support if 1.1170 bypassed 1.1140. area is

Resistant: 1.1200, 1.1240, 1.1275
Support: 1.1170, 1.1140, 1.1020

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