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| Technical Outlook for EUR/USD 11-6-2015 |
Eur/Usd pair moved yesterday in the average price movement of 124 PIPs, it recorded the highest level at 1.1386 and the lowest at 1.1260 and closed at 1.1319 to Gain 43 PIP according to increase in Germany Bonds.
The pair opened today at 1.1276 oscillatory between the 1.1280 and the 1.1330 levels during the Asian session in a trading average of 50 pips for the limitation of the market liquidity, and till now We continue to keep our expectations that the pair will achieve our target at 1.1410
The pair is moving in a series of up impulse waves in a Parallel price channel.
It is expected that the pair eur /usd will reach the targeted level at 1.1410 in the next few hours, and we saw the pair finished the correction.
The Relative Strength Indicator "RSI" reveals that the accumulation operations at the market and the control of Bulls on the market...
Medium term trend: UP
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