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#1 09-07-2018 13:55:14

johnedward
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From: Paris - France
Registered: 21-12-2009
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EUR/USD: the euro could climb back above 1.18 in the short term

EUR/USD: the euro could climb back above 1.18 in the short term (Commerzbank)


http://www.forex-central.net/forum/userimages/LOGO-commerzbank.jpeg


Commerzbank believes that the EUR/USD could rise and test resistance located at 1.1853/55.

"The EUR/USD broke key short-term resistance at 1.1723/25, and this signals a further rise to the June high of 1.1853/55.

Elliott's intraday wave counts are more positive and declines are expected to hold above 1.1710/1.1675, before a further upswing.
"


"Anything worth having is worth going for - all the way." - J.R. Ewing

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