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EURUSD 2016-11-15

Technical Analysis

By Orbex Last updated Oct 31, 2021

Euro managed to rebound from one year low yesterday while market still facing resistance level at 1.0850

As long as market holding daily close below 1.0850 the downtrend pressure will sustain toward 1.0620-40 zone

Any daily close above 1.0850 may set farther advance toward 1.0970-90 zone

	Support	Resistence
Level 1	1.0745	1.0850
Level 2	1.0700	1.0920
Level 3	1.0620-40	1.0970-90

analysis_en EURUSD

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