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Rabu, 06 Januari 2016

US dollar retreats into the NA afternoon sesssion

Some selling as London exits

EURUSD

The EURUSD somewhat randomly stopped the fall between support at the 1.0688 level and the breaking of the 61.8% at 1.0725. The price has since moved back above the 1.0725 level and corrected down to the level – finding buyers (low correction came in at 1.07227).  The 100 bar MA (blue line) will now be eyed.





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