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EURUSD Sets Up To Weaken Further Towards 1.1034 Level

EURUSD with the pair continuing to retain its downside pressure, more decline is expected. Resistance comes in at the 1.1150 where a break will turn risk to the 1.1200 level. A breach below here will target the 1.1250 level. Further up, resistance stands at the 1.1300. Conversely, on the downside, support comes in at 1.1050 level with a violation of there opening the

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EURUSD Rejects Higher Prices, Eyes Further Weakness

EURUSD with the pair backing off higher prices on Friday, more decline is envisaged. Resistance comes in at the 1.1150 where a break will turn risk to the 1.1200 level. A breach below here will target the 1.1250 level. Further up, resistance stands at the 1.1300. Conversely, on the downside, support comes in at 1.1050 level with a violation of there opening the

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USDCHF Faces Further Weakness But With Warning

USDCHF may be consolidating but faces risk of a move further lower. Resistance comes in at the 0.9950 level. Above here, resistance lies at the 1.0000 level and then the 1.0050 level. Further out, resistance stands at the 1.0100 level. Its weakly RSI is bearish and pointing lower suggesting further weakness. On the downside, support is located at the 0.9850 level with a

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EURUSD Vulnerable But With Recovery Threats

EURUSD with the pair continuing to retain its downside pressure, more decline is expected though with caution of recovery. Resistance comes in at the 1.1050 where a break will turn risk to the 1.1100 level. A breach below here will target the 1.1200 level. Further up, resistance stands at the 1.1250. Conversely, on the downside, support comes in at 1.1000 level with a

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EURUSD Looks To Weaken Further Lower With Eyes On 1.0988 Zone

EURUSD with the pair continuing to retain its downside pressure, more decline is expected in the new week. Resistance comes in at the 1.1050 where a break will turn risk to the 1.1100 level. A breach below here will target the 1.1200 level. Further up, resistance stands at the 1.1250. Conversely, on the downside, support comes in at 1.1000 level with a violation

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USDCHF Continues To Target The 1.0027 Level

USDCHF with the pair retaining its short term uptrend, more strength is expected. Resistance comes in at the 1.0000 level. Above here, resistance lies at the 1.0050 level and then the 1.0100 level. Further out, resistance stands at the 1.0150 level. Its daily RSI is bullish and ,pointing higher suggesting further strength. On the downside, support is located at the 0.9950 level with

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EURUSD Recovery Threats Build Up

EURUSD with the pair backing off lower prices on Friday, a follow through higher is expected. Resistance comes in at the 1.1100 where a break will turn risk to the 1.1150 level. A breach below here will target the 1.1200 level. Further up, resistance stands at the 1.1250. Conversely, on the downside, support comes in at 1.1000 level with a violation of there

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USDCHF Continues To Face Consolidation Threats

USDCHF with the pair continuing to retain its consolidation threats, directional move is now a challenge. Resistance comes in at the 0.9950 level. Above here, resistance lies at the 1.0000 level and then the 1.0050 level. Further out, resistance stands at the 1.0100 level. On the downside, support is located at the 0.9850 level with a turn below here opening the door for

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