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Thomson Reuters
Oct 25 - 05:00 AM
EUR/USD - Still Looking Ugly But 30DMA Bolli Puts Up A Fight
First appeared on eFXplus on Oct 25 - 02:50 AM
  • Mild recovery early Thurs but bearish credentials holding
  • Lower 30DMA Bolli containing fall, 1.1364, 10DMA likely to cap at 1.1493
  • Maintaining a 1.1510 short and stop now in the money at 1.1480
  • Daily Stochs and momentum suggest a bout of consolidation
  • Weeklies point to a 200WMA test, 1.1318, near-term
  • Major support point remains 1.1301 August and 2018 low

EUR/USD Trader:

EUR/USD Daily Candle Chart: Click here

Source:
Thomson Reuters IFR Markets

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