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FXHighway
Mar 18, 2014 6:34 AM

EURUSD awaits the breach Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD pair hovers near the ascending channel's resistance line, waiting to breach it to open the way towards testing the psychological barrier at 1.4000, followed by attempting to breach it to go further towards 1.4285.

EMA50 continues to support the expected bullish wave, while the risk limit for buyers still below 1.3750.
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