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OakMarketTrends
Jul 6, 2016 7:35 AM
Decline toward parity
Short
FX:EURUSD
1W
Euro Fx/U.S. Dollar
FXCM
Description
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Jul 6, 2016 7:35 AM
Technically, the EURUSD is developing a bearish flag pattern. Furthermore, the 100-week simple moving average (here in green) acts as a resistance. The bear camp continues to have the edge in my opinion.
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