Daily Technical Report 16 April 2018

EUR/USD is now pausing between 1.2300 and .2345 range. The pair is currently maintained between hourly support and resistance given at 1.2165 (17/01/2018 low) and 1.2506 (25/01/2018 high). The technical structure suggests shortterm increase. • In the longer term, the momentum is turning large…

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