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FibnFork
Aug 3, 2018 10:46 PM

EURUSD outlook 

Euro Fx/U.S. DollarFXCM

Description

After breaking the narrow range between the long-term trend line & the 61.8% slope, eurusd looks to be targeting the key purple channel support along with the 50% slope. The rsi is looking messy on this current break, perhaps indicating waning bearish momentum. US PPI on thursday and inflation reports on friday will be the key movers aside from any more trade wars talk

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