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Scandex Market Update – July 16

Scandinavian Capital Markets

EURUSD traded 1.1452 today before reversing and closing near the low of the day. The high is right on the upper parallel of the channel from the March low. The line off of the September 2018 and March highs also reinforces the area as resistance.

Scandinavian Capital Markets Review

Source: https://scandex.com/2020/07/16/market-update-july-16/
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