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EURUSD Weekly Analysis - May 1, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 01 May 2016 08:17 UTC
EURUSD remains in uptrend from 1.0517. Further rise could be expected after a minor consolidation, and next target would be at 1.2000 area. Near term support is at 1.1100, and the key support is located at the upward trend line on daily chart, only a clear break below the trend line support could signal completion of the uptrend.

eurusd chart

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