After touching the top of the price channel on 4-hour chart, EURUSD pulled back into the channel, indicating that the pair remains in downtrend from 1.0828. Another fall to test 1.0493 support would likely be seen and a breakdown below this level could signal resumption of the downtrend. Key resistance is at 1.0679, only break … Continue reading "EURUSD Daily Analysis – March 7, 2017"
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