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ForexLive: EUR/USD Reaching For New Lows

posted by Avatar ejc 287 days ago in USD, EUR, Technical

The EURUSD has rotated to new lows as NY enters, extending the weeks narrow range in the process (145 pips as I write). The most narrow week range for the year is 159 pips so there is still room to roam. The price has broken below the 200 hour MA in the process (green line in the hourly chart above)....more.
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