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Feb 19

TECHNICAL ANALYSIS BY NSFX 19.02.2016

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EUR retreated against USD after testing pivotal trend line support-turned-resistance set from mid-March. EURUSD closed down for the fifth day in a row. The pair is currently battling with a bearish 20 MA, while the technical indicators are still below their mid-lines, far from supporting a stronger advance.

R3
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R1
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