EUR/USD – Persistent selling pressures underway

EUR/USD continues to move lower. The recent new lows confirm persistent selling pressures. The short-term technical structure is negative as long as prices remain below the hourly resistance at 1.3297 (22/08/2014 high). Another resistance stands at 1.3336 (12/08/2014 low). In the longer term, EUR…

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EUR/USD – Persistent selling pressures underway

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