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Weekly Technical Analysis: Gold Breaks a New High, and Oil is Back Above $64
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Weekly Technical Analysis: Gold Breaks a New High, and Oil is Back Above $64
EURUSD: Potential Bearish Correction as RSI is in Overbought Territory Following a strong uptrend since early February, EURUSD has been trading in a tight range this week. Recent candles show consolidation just below the psychological level of 1.1500. Technicals indicate possible continuation if breakout occurs with high volume above the recent resistance of 1.1473. The nearest support level is seen at 1.1266 on the daily chart. With RSI in the …
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