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EUR/USD: price to test 34 Moving Average

EUR/USD: price to test 34 Moving Average

Information is not investment advice

The last 'Shooting Star' has weak confirmation, so the price is likely going to test the 34 Moving Average and the closest resistance at 1.1242 by the 'Three Methods' pattern. The subsequent pullback from these levels could lead to a decline in the direction of the next support at 1.1034.





USD/CHF may rise a bit

USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.

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