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#1 27-09-2018 11:43:31

johnedward
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From: Paris - France
Registered: 21-12-2009
Posts: 2255
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EUR/USD: the euro is unable to break through its resistance zone

EUR/USD: the euro is unable to break through its resistance zone (Commerzbank)


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


Commerzbank is still waiting for a close of the EUR/USD above 1.1790.

"The EUR/USD failed to break the 1.1790/1.1803 resistance zone - we are expecting a close above 1.1790, which should be enough to trigger a move towards the June peak at 1.1853 and the 55-week moving average of 1.1904.

The EUR/USD remains bullish above the short-term support line at 1.1687 and we will once again bring our stops closer to our buying positions.
"


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

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