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EURUSD – Bullish Breakout Confirmed
The pair returned again inside range area that was active from July 27 until September 22. Bears could not hold the price below $1.17000. The EURUSD has fall down to the first support level at $1.16178 where it found buyers that stopped the price. The pair needed only two strong bullish candles to get back above $1.17000 level which shows that the pair have buyers strong enough to hold the price from moving down. The price stopped at the old support level around $1.17200 and it needed almost a week to make its way further up. You can see I have drawn downtrend lines to watch the price when it will break outside ... (full story)
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