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Technical Analysis
GetKnowTrading: EURUSD Chart Analysis
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[QUOTE="Frano Grgić, post: 209371, member: 66966"] [MEDIA=youtube]trcpTvnG2HQ[/MEDIA] The price moved higher and reached a $1.07825 supply zone which was too hard to break. From there the price returned down and formed a strong bearish engulfing candle that closed the day below previous weekly false breakout downwards. Next week we could see a price close to $1.05825 which will be a breakout confirmation. The possible level for the price to reach is $1.05600, which is high on the previous reversal attempts after sell off so we can expect the same reaction and target. [/QUOTE]
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