1. Marie J Thomson
  2. Currency (Forex) Trading
  3. Monday, 04 March 2019
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The pair tried and failed to surpass the 1.1400 level multiple times this last week. The daily chart shows that selling interest rejected advances around the 61.8% retracement of the latest daily decline measured between 1.1513 and 1.1233 at 1.1410, a strong static support level. In the same chart, the pair keeps developing above a bearish 20 SMA, while an also bearish 100 SMA caps the upside around 1.1385, while technical indicators barely hold within the positive ground, all of which reflects the limited buying interest around the pair.
This technical analysis from fxstreet.com
I think next week EUR/USD can give us a lot of chances to win profit. Tell me what is your thinking?
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Nothing is special on here. Look at last week.:D
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