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Fundamental Analysis
Daily Market Analysis from NewForex Broker
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[QUOTE="Volfovich, post: 87155, member: 33099"] [B]Forex News from New Forex: Technical analysis of EUR/USD[/B] After yesterday’s rally in the European trading session the currency pair has streamed back a bit and on Tuesday the level of support is seen at 1.1029, the level of resistance is at 1.1190. According to the moving average, the main trend is still descending, however, in the frames of the intraday trading there exists possibility of a pullback to resistance at 1.1217 and 1.1245. If the bearish scenario prevails, the latter can push the market to support at 1.1001 and probably lower to 1.0973. [img]http://www.newforex.com/assets/images/news//28072015eurusd.jpg[/img] [/QUOTE]
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