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Technical Analysis
GetKnowTrading: EURUSD Chart Analysis
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[QUOTE="Frano Grgić, post: 215662, member: 66966"] EURUSD Forecast –$1.05825 is the Key Level for the Bulls [MEDIA=youtube]J7zZ0y9KRhg[/MEDIA] The price started to move up on Monday and it reached $1.05825 resistance level where the price bounced and returned down and closed the day below $1.05087. On Friday the price bounced again from the $1.05825, but we need to have in mind that a Friday is the day when traders get out from their trading. With $1.05087 as a support level we could see a price for a while between $1.05087 and $1.05825 because we have three resistance levels. If the price manages to move above $1.05825 it will have an open road to $1.07825 which is the monthly and weekly resistance level. [ATTACH type="full"]23169[/ATTACH] [/QUOTE]
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