Forex: EUR/USD Technical Analysis – Buyers Set Sights on 1.3370
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- Prices bounced higher after putting in a bullishPiercing Line candlestick pattern
- Break of resistance at 1.3268 (23.6% Fib expansion) has exposed 1.3370 (38.2% Fib)
- 1.3268 now recast as near-term support, followed by the September 6 lowat 1.3104
Confirm your chart-based trade setups with the Technical Analyzer.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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