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Daily analytical report (27/06/18)

  • The EURUSD pair created a head and shoulders pattern after bouncing from the mid-term downwards trend line. We already broke the neckline and currently we're testing that as a resistance. The new daily lows will be a sell signal.
  • The EURJPY pair bounced from the mid-term upwards trend line, but we think that this may not be the end of the bearish pressure. It will be a great occasion to sell should the pair break the dynamic support.
  • Last up is the EURAUD pair, which bounced from the 61.8% Fibo, and is very close to breaking the horizontal support along with the lower line of the flag. A strong sell signal will emerge if sellers are successful.

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