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There are signs of flat

05 June 2015, EUR/USD

There are signs of flat

4 hours’ chart of EURUSD. As we expected, the pair was not able to overcome the point 1.1353 (5/8) and has bounced from it. So, by the moment we have received two proofs from three about a further movement of price within horizontal channel (3/8 – 5/8). Bounce of price from the bottom boundary of the channel should be the last proof.

Nikolay Krishtopov
FreshForex Analyst
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