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Tuesday, August 7, 2018

|>> New Forex Analysis by FX for Dummies August 07, 2018 at 08:41AM :

" šŸ“Š The EURUSD pair ended yesterday’s trading exactly at 1.1554, and continues to fluctuate around this level in attempt to break it, while the negative effect of the previously completed symmetrical triangle still active, and the EMA50 keeps forming negative pressure against the price. Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, which its next target located at 1.1443, noting that the continuation of the expected decline conditions holding below 1.1650 and the most important below 1.1720 levels. Expected trading range for today is between 1.1443 support and 1.1640 resistance. Expected trend for today: Bearish "

 

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