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Flat is still on

16 June 2015, EUR/USD

Flat is still on

4 hours’ chart of EURUSD. No significant changes has been noted on the chart of the pair. The pair is still moving in price horizontal channel (3/8 - 5/8). Meanwhile, there are no signs of leaving beyond the flat, so continuation of the flat movement remains to be the core option. This option will be disabled by breaking and consolidation on one of the borders of the channel.

Nikolay Krishtopov
FreshForex Analyst
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