Post by Admin on Jun 8, 2016 10:57:50 GMT 8
Let's take a look at the EUR/USD pair on the Monthly chart. Price is moving within the channel. We see that price rebound on the lower channel and it might retrace to 1.2500 level.
As we can see in the Weekly chart, there are multiple support levels at 1.2500 level and that particular level is where you can see 200-EMA and 300-EMA meet. Recently, there is also a Bullish Engulfing Bar formed.
Let's, look out for this pair.
As we can see in the Weekly chart, there are multiple support levels at 1.2500 level and that particular level is where you can see 200-EMA and 300-EMA meet. Recently, there is also a Bullish Engulfing Bar formed.
Let's, look out for this pair.
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