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Thomson Reuters
Nov 07 - 07:24 AM
EUR/USD - A EUR/USD Daily Close Above The 30-DMA Would Be Very Bullish
First appeared on eFXplus on Nov 07 - 05:10 AM
  • EUR/USD bulls tightened their grip with a daily close above the 1.1423 Fibo
  • 1.1423 is a 23.6% retrace of the 1.1815 to 1.1302 (Sept to Oct) fall
  • The 30-DMA at 1.1481 breached, a close above will be very bullish
  • 1.1498 Fibo, a 38.2% retrace of the same 1.1815-1.1302 fall, tested
  • Bid has now been raised to 1.1425 from 1.1405. Previous

EUR/USD Trader:

Daily Fibo Chart: Click here

Source:
Thomson Reuters IFR Markets

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