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EUR/USD Technical Analysis: Daily Breakout

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by , 03-18-2019 at 04:23 PM (1207 Views)
      
   
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The Euro is back to testing resistance guiding it lower against he US Dollar since January 2018, a barrier reinforced by the top of a choppy channel in play over the past two months. Another rejection might open the door for the next leg in the single currency’s slow downward grind while a break higher has might set the stage for a significant medium-term trend reversal.

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