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EURUSD Technical Analysis | Bullish Reversal

Updated: Feb 3

Positive divergence on #MACD line and #RSI indicating a bullish reversal.

#ATR at lowest level since Sept. 2014 indicating an approaching trend reversal.


On the hourly chart, there is a key level at 1.1112, trading above this level will indicate a further bullish move, trading below this level will indicate the continuation of the down trend.



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