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Daily analytical report (29/12/16)



  • Brent oil still advancing higher and keeps the buy signal alive.
  • EURJPY on the way down after the correction equality pattern and H&S formation.
  • EURUSD with a chance for a reversal (iH&S) but they need to break the horizontal neckline to keep the idea on the table.
  • NZDUSD testing recent support as a closest resistance. First test is positive for sellers.
  • USDCAD fighting for the bearish reversal on the 50% Fibonacci.

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