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Euro / USD Technical Chart and Analysis 7th December 2017
EUR/USD has witnessed a lower low and a lower high, indicating that the loss may extend towards 1.1758 (50-DMA), followed by 1.1747 (30-DMA). Moreover, the Stochastic Oscillator has continued to decrease supporting a negative view. Meanwhile, a rise from today’s high will target 1.1837 (14-DMA).