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EURUSD Weekly Analysis - July 19, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 19 July 2015 07:44 UTC
EURUSD is facing 1.0819 support, a breakdown below this level will indicate that the long term downtrend from 1.3993 (May 8, 2014 high) has resumed, then the following downward movement could bring price to 1.0000 area. On the other side, as long as 1.0819 support holds, the sideways movement between 1.0819 and 1.1467 could be expected to continue.

eurusd chart

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