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EURUSD Weekly Analysis 29 February to 4 March | February 28, 2016
Eurusd has fallen after retesting its resistance level at 1.1065. After breaking 1.1065 support level, this pair will respect this new resistance level. So we can expect bearish rally on this pair below this 1.1065 level. Another support 1.0965 was broken also. Now this pair also staying below this level. So we need to look for sell on this pair. This pair has good chance to fall more
Next major support for this pair lies on 1.0780 area. If we find bearish price action confirmation on this pair, then we should go for sell with targeting 1.0780 level. Before selling, we need strong sell candle on this pair.
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