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The EUR/USD currency pair is holding below 50 periods EMA and above 1.1835 double bottom support level. The RSI and MACD are also supporting selling bias; therefore, we should open a sell position in the EUR/USD. But there’s one thing we should wait for before opening a sell position. Learn more about it in the EUR/USD price forecast video.
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Major Currency Pairs: Support and Resistance Levels for October 28th 2016 USD/CHFR1 – 0.9940
R2 – 0.9944
R3 (Range Resistance - Sell) – 0.9948
R4 (Long Breakout) – 0.9959
R5 (Breakout Target 1) - 0.9973
R6 (Breakout Target 2) - 0.9978S1 – 0.9932
S2 – 0.9928
S3 (Range Support - Buy) – 0.9924
S4 […]
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