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Monday, July 16, 2018

|>> New Forex Analysis by FX for Dummies July 16, 2018 at 06:19AM :

" šŸ“Š The EURUSD pair settles near 1.1705 level, and the price still below this level, forming the first protecting factor to the continuation of the recently suggested bearish trend scenario, supported by the negative pressure formed by the EMA50. Therefore, we will continue to suggest the bearish bias in the upcoming sessions unless breaching 1.1705 followed by 1.1755 levels and holding above them, reminding you that we are waiting to target 1.1554 followed by 1.1443 levels as first main stations. Expected trading range for today is between 1.1570 support and 1.1755 resistance. Expected trend for today: Bearish "

 

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