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Forex technical trading (VIDEO): Keeping the EURUSD buyers in control (October 28th, 2014)
The EURUSD has been able to move higher in trading on Monday after finding support above a low from November 2012, the 100 hour MA and the 38.2% of the move down from last week.
Traders will be eyeing these levels in the new trading day, to see if what was broken can remain broken – keeping the buyers in control.
The Forex Market is volatile. Technical Analysis helps to define and limit risk for traders.
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