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Channel: Technical Major Currencies Report
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Technical Major Currencies Morning Report

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EUR/USD The pair’s attempt to the upside yesterday was affected by key resistance level of the descending channel, holding below it. Linear Regression Indicators are still biased lower and Stochastic offers a negative crossover. Therefore, we might see a new attempt to the downside today and trading below 1.3080 will be considered negative. The trading range for today is among the key support at 1.2905 and key resistance at 1.3200. The general trend over short term basis is to the upside

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