EUR/USD update |
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The pair gain quickly despite I was unable to see this run today. Right now, the pair is above the roof of the horizontal channel clear in daily charts. If the pair manages to stay above 1.5850 and confirm with a candle opening up here, the figure will be pre announcing further raises for the medium term. However short term charts show the pair is over bought: we could see it returning to the zone around 1.5830/40 in the next minutes, it the maximum remains intact.
Filed under: Forex Advisor
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