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Wednesday, 30 March 2016

EUR/USD assaults Wall of Resistance

In my last post, I drew attention to a Wall of Resistance that has yet to be breached by the Euro  in its attempt to rise in value versus the US Dollar . It is now heading towards the Wall once more. Will it breach the Wall? Probably not in this assault; It will, I think, swing down as soon as it touches the wall, to launch a stronger assault next time.

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