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Bear expectations persist

27 April 2016, EUR/USD

The euro does not want to give up, clutching at everything just to stay on the previously reached positions, and so far it is paying off.

Another question is for how many long can it continue the desperate resistance?

Further expect resumption of the impulse decline of the pair.

In this situation, for a more safe entrance into the sales we should wait when the price breaks through the Low

Vasiliy Lukin
FreshForex Analyst
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