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29th Oct 2014 EUR/USD Analysis

29th Oct 2014 EUR/USD Analysis

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dollar, Draghi, ECB, EUR/USD, EUR/USD Forecast, EURO, European Central Bank, EURUSD analysis, EURUSD outlook, EURUSD technical analysis, Mario Draghi, ABS,TLTROs, asset backed securities, broad based asset purchases, U.S Dollar, USD, EUR/USD outlook, EURUSD forecast, EUR/USD technical analysis, EUR/USD analysis, EUR/USD projections, EURUSD projections, EURO EUR/USD at the top of the uptrend channel on the hourly charts as 1.277 was temporarily tested.

Investors have one eye on the turmoil of policies in the U.S as bets on delay in the rate increase extend towards the second half of 2015 saw focus turn to the Euro, with the Dollar falling against its U.K and Japan counterparts. Euro traded bullish in the European session and subsequently in the U.S session ,support at 1.274 signals further bullish movements for the pair.

Trend Direction
S3
S2
S1
R1
R2
R3
Entry
Stop Loss
Exit
Bullish1.26281.2661.27001.2771.28251.288

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