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EURUSD Weekly Technical Outlook (10-14 August, 2015) | August 8, 2015



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Eurusd has respected its support level at 1.0850. It has loosed its bearish power at the support area. So now this pair has started bullish movement again.


This pair will face resistance now at 1.1000 level. This will be critical level for this pair. If it can break this level, then this pair will go upside more. If any bearish candle formed on that level, then this can can fall again. For sell, target can be 1.0600 for long term.


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