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Decline

22 December 2015, EUR/USD

Decline

The four-hours chart of EURUSD. Resistance on the Weekly SuperTrend line was broken and the pair continued an upward corrective pullback. At the moment, the pair stopped between the levels and, most likely, at the moment we should expect retest level of the (1/8) from the back side. Alternatively, the price will continue to grow from current positions with a view on the level of (6/8).

Trading Solutions: None

Nikolay Krishtopov
FreshForex Analyst
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