Greg Michalowski

Forex Trading: EURUSD Heads Toward Friday’s Close

By Greg Michalowski on | More Posts By | Forex News By FXDD

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The short squeeze continues with Friday’s close at 1.3536 the next resistance. There is also trendline resistance at the 1.3530 area. This may slow the move higher but a break higher is likely to solicit more buying as the market seems to be scrambling a bit. Support at the 1.3513 level and back again at 1.3500.  How short is the market?

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