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Forex4you Technical Analysis 27 June 2011
Author: namrata
Monday, June 27, 2011 07:05     Reply

EUR/USD: bearish signal
The EUR/USD is still falling and despite a pullback it would be expected to fall further. If it passes down below the key 1.4125 creating a double dottom buy on the 0.0005x3 P&F chart then there is a high possibility it will drop to 1.4095. A break of the pullback highs at 1.4170, however would negate the bearish setup and encourage a more bullish outlook.

Analysis by: Joaquin Monfort
Forex4you analyst

Disclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
Author: David Wilson
Tuesday, December 16, 2014 07:00     Reply

Well, The U.S. dollar could have farther to fall is it corrects from the rally that began on Oct. 15, according to analysts from Brown Brothers Harriman. They note that despite last week’s pullback, the U.S. dollar still looks over extended, which is indicative of continued near-term losses. “

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