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EXACT TRADING FX Trading News and Nightly Wrap Up |
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EURO unabe to break the 1.16 level
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| The EURO made an attempt today at breaking 1.16 and did make an intraday low of 1.1580 before reversing during NY trading to close well above the psychological level of 1.16
It remains to be see if traders now have successfully regained the sideways continuation pattern between 1.16 and 1.17 or if there will be another attempt on the lows. For now the momentum is slightly biased to the upside. |
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