Tuesday March 7, 2017 - 11:23:42 GMT
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Amazing Trader EURUSD roadmap system charts updated
The EURUSD HOD has been 1.0603 and its LOD 1.0537. The EURUSD has been struggling at the upper end of its recent range. There had been chatter late last week that the SNB had been buying EURUSD to help support the EURCHF cross, but that activity was never confirmed. It is a plausible story. Once again EURUSD has been focused on the 1.0600 line, but has been unable to establish it as support. Use 1.0600 as resistance.
The older stops on top all the way to 1.0640 have been cleared out. The focus at this time is on LOD at 1.0557. Neutrality in this pair is at 1.0550. Below there, support comes in at 1.0536-40. Stops on the downside should be light.
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