EURUSD is aiming for new lows
April 14, 2015
1 min read
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EURUSD has been consolidating in a narrow rectangle on H1 chart since Friday drop and break of 1.0660. The price is showing a strong confluence at 1.0635 region ( H3, 61.8, intra week trend line, previous swing ). The price should reject towards 1.0570 and if 1.0565 is broken then 1.0545 and 1.0500 region. H4 which is 1.0685 should not be broken for the test of new lows.
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read the original article on AdmiralMarkets.com
