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EUR/USD Technical Analysis 15-15-2017
December 15, 2017 91

EUR/USD Technical Analysis

EURUSD's bob from 1.1717 reached out to as high as 1.1862, the resulting fall is likely resumption of the downtrend from 1.1961. Additionally decrease to test 1.1712 help would likely be seen, a breakdown underneath this level could take cost towards 1.1660, trailed by 1.1554. Underneath these levels would point 1.1390 territory. Close term protection is currently at 1.1862, just break over this level could trigger another ascent towards 1.1961.