Forex: EUR/USD Technical Analysis – Rejected at Channel Barrier
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- A Harami candle pattern at rising channel support-turned-resistance hints at weakness
- Near-term support is at 1.3415 (38.2% Fib); below that targets 1.3415 (38.2% Fib)
- Channel resistance is now at 1.3627
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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