EURUSD
The EUR/USD pair retreated from the resistance level of 1.0870
The pair has fallen with the beginning of trading day and managed to break down the bottom
The pair has fallen back breaking support at 1.2845, we expect further decline to next support at
Prices has fallen back today for testing level of 1262$, we expect that prices would rise again
Prices are moving currently between support at 109.20 and resistance at 109.60, we expect
Currently the pair is moving into a descending channel, it is trading now near the bottom line
As we expected that prices would decline from levels of 50$ which is a resistance at the upper line of the descending channel, currently Us Oil is trading near to 48.50$ and we expect further decline targeting 45$ then 42$.
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