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EUR Trading Outlook (19-02-2014)

AUD/USD: Resistance at 0.9085 and 0.9100. Pivot at 0.8995. Bulls need to push above 0.9085 for a second round of rally.

EUR/USD: Resistance at 1.3770 and 1.3800. Pivot at 1.3690. The pair closed above the 61.8 fib, RSI showing positive momentum and narrowing yield spreads support the rise.

GBP:USD: Resistance 1.6760 & 1.6825. Pivot at 1.6660. Support comes in at 1.6605 if 1.6660 breaks.

USD/JPY: USD/JPY managed to close above the cloud base at 101.53, however, a break of 102.85 (kijun) is needed for further rally.

Back to EUR Trading Outlook Archive

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