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EURUSD






7/17/2020 1:07:01 AM

EURUSD - Technical Analysis: Friday, 17/07/2020 05:07 GMT



The resistance barrier that the pair faces on 50% Fibonacci correction level presses on the price to start potential bearish wave, and the target is testing 1.1183.

 

RSI is overbought, and supports the chances to decline, while surpassing 1.1444 will push the price to continue the rise on the short term and medium term basis.


Target
Risk


Support
Resistance


Trend Bearish

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