Technical Summary for Majors |
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EURUSD Extended the decline from 1.6040, historical high, 1.4659, 15 Aug low, to reach 1.4631 yesterday, ahead of the latest rebound through 1.4768 lower top to test 1.47941.4807 area. Reversal is now seen, scope for 1.4709/1.4686 zone to contain, ahead of a recovery extension to 1.4826/40, possibly 1.4952/80 on a break. Res: 1.4777, 1.4807, 1.4826, 1.4840 Sup: 1.4676, 1.4659, 1.4631, 1.4611 GBPUSD Extended month-long decline from 2.0162, to reach 1.8510 low on 15 Aug, ahead of
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