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Posted by
Two Blokes Jul 10 -
Filed in
Forex
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14 views
Looking at the 4-hour chart, the pair cleared a key bearish trend line with resistance at 1.3675, the 100 simple moving average (red, 4-hour), and the 200 simple moving average (green, 4-hour). There was a move above the 50% Fib retracement level of the downward move from the 1.3798 swing high to the 1.3556 low.