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Kaetea_Ng
Dec 31, 2018 2:49 PM

EURUSD Daily Analysis 31.12.2018 

Euro Fx/U.S. DollarFXCM

Description

Hello Traders,
The EUR USD did not reach our projected Resistance area.
Price is now consolidating inside two trendlines where we might look for range-bound opportunities.

On the higher timeframes, price is clearly bullish and we will expect a breakout of this consolidation pattern to the upside.

I wish you all a happy New Year!
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