EUR/USD Technical Analysis (16/11/2015)

FX_IDC:EURUSD   Euro / U.S. Dollar
The price is moving in a strong downtrend channel . We can see a possible AB-CD             pattern, however a strong support level is facing at the psychlogical level 1.0700/1.0675. The recent event in France might play a role in the continue. If the price break the support the AB-CD             pattern would be much more valid. Otherwise, a retracement move might lead the price to 1.0896, where sellers might attck again.
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