Thread: Franc's Journal
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Old 11-07-2016, 09:41
piplaser piplaser is offline
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Default EUR/USD Technical Analysis


Summary :
Target Level : 1.1029
Target Period : 2 days

Analysis :
Descending Triangle identified at 07-Jul-20:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.103 within the next 2 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :

( B ) 1.1101Last resistance turning point of Descending Triangle.

Support Levels
( A ) 1.1029Last support turning point of Descending Triangle.
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