EUR/USD Forecast October 8, 2014, Technical Analysis
The EUR/USD pair initially tried to fall during the session on Tuesday, but turned back around in order to form a somewhat positive candle. We are pressing against the 1.27 level, so we could get a little bit of a break out here, but we feel that the 1.28 level
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The EUR/USD pair initially tried to fall during the session on Tuesday, but turned back around in order to form a somewhat positive candle. We are pressing against the 1.27 level, so we could get a little bit of a break out here, but we feel that the 1.28 level is much more resistive, and will take quite a bit more strength to get above. Quite simply, we are waiting for some type of move higher with a resistant candle being printed. If we get that, we are more than willing to start selling yet again.
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