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I've been trading for 15 years, so I have a lot of things to share. I use the classic technical analysis, which is one of the most powerful tool for any trader.

EUR/USD: "Flag" as a sign to the coming new low

EUR/USD: "Flag" as a sign to the coming new low

Yesterday the price reached a support at 1.1398, which successfully stopped bears for a while. However, the market is likely going to get the 89 Moving Average in the short term. If a pullback from this line happens, there'll be a chance to see a growth towards a resistance at 1.1453 – 1.1464.

EUR/USD: "Flag" as a sign to the coming new low

We've got a “Flag” on the one-hour chart, so the pair is likely going to achieve the next support near the up-trend’s line. If bears be stopped here, bulls will probably try to catch a resistance at 1.1437.

EUR
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