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  1. EUR/USD Technical Analysis: Bearish Daily Reversal

    by , 01-18-2019 at 03:54 PM
    The Euro failed to make good on an attempted break higher from a range confining price action against the US Dollar since late October. The pair briefly breached resistance in the 1.1456-81 area but the upswing ran out of steam on a test of trend line resistance set from January 2018. A test of this barrier produced a bearish Evening Star candlestick, which was soon followed by a drop back into familiar territory.

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