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Long-Term Tech Outlook: EUR/USD, USD/JPY, AUD/USD, USD/CAD - SEB
The following are the long-term technical outlooks for EUR/USD, USD/JPY, AUD/USD, and USD/CAD as provided by the technical strategy team at SEB Group. EUR/USD: The market has distanced a long-term overstretch and support at a lower trendline, both likely restricting the maneuverable area below in the short-term timeframe perspective. Should a recent 1.1468 high be taken out. there would be an increased possibility for correctional extension towards 1.1640\1.1830 or even 1.2040 before (down) trend forming forces regains the initiative again. A key medium-term bearish trigger is located at 1.0819 - below which a ... (full story)
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- Jul 2, 2015 11:35pm Jul 2, 2015 11:35pm
- AnniLi
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- Jul 3, 2015 12:21am Jul 3, 2015 12:21am
- rajkumar3192
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stay cool when trade begins
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- Thor33
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