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Technical Analysis
AceTraderFx : Daily Recommendations on Major
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[QUOTE="AceTRaderForex, post: 109711, member: 22847"] [B]AceTraderFx Sept 15: Daily Recommendations on Major -EUR/USD [IMG]http://www.trendsetterfx.com/image/common/flag/flag_eur.gif [/IMG] DAILY MARKET OUTLOOK on Major EUR/USD[/B] Update Time: [B]15 Sep 2016[/B] [I]1:50 GMT [/I] EUR/USD - 1.1246 Despite yesterday's brief jump to 1.1274 in New York morning, subsequent retreat suggests euro's sideways swings in last 3 daily sessions are likely to continue and as long as previous res at 1.1285 holds, another retreat is expected later but as price remains confined inside early established broad range of 1.1327-1.1199, below lower level is needed to extend subsequent weakness to 1.1150/60. On the upside, a firm rise above 1.1285 would risk stronger gain to 1.1300/10 but reckon indicated upper level at 1.1327 would continue to hold from here today. [/QUOTE]
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