EURUSD Retesting Key Support

Euro Fx/U.S. DollarFXCM

Description

⋅ Jan 31, 2014 10:50 AM

The bias is Sideways to Bearish following the transition below the channel's support. A break below 1.3520 would confirm another short term leg lower, probably for 1.3400 and the 200-days SMA. A new key resistance was confirmed at 1.3700 level.

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