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In Merit of 22 months By FX Street

© Reuters.

Daily Diary

El is trading in a bearish trend below its main simple moving average (SMA).
The EUR / USD is guaranteed in about 22 months.

4 hour chart

The EUR / USD is subject to a large volume of under capital in SMA, which means you can make a decision in the medium term.

30 Minutes Chart

A debacle break of 1.1120 may result in a level of 1.1080 and 1.1050.
The market is currently limited by the SMA of 50 and the resistors at 1.1160 and 1.1200.

Additional key levels

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