Forex Technical Analysis on Majors |
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EUR/USD Current level-1.3735 EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are neutral, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.4793 and 1.4169. Still in the minor consolidation pattern above 1.3585 and the overall bias continues to be bearish for 1.3413.
Filed under: Technical
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