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Senin, 06 Juni 2016

Forex technical analysis: EURUSD consolidates in narrow range

Yellen awaited

The EURUSD surged higher and higher on Friday. Today there is up and down consolidation.  The 1.1356 level is the 50% retracement of the move down from the May high to the May low. The price has moved above and below that level in the London session with a ceiling being developed at the 1.13625 level (EURUSD is floating like a butterfly but not stinging like a bee).  





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