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18th May 2015 | Free Forex Analysis | EURUSD along with the 1,1400

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Dear Surfer friends. Let’s start the week and see at the market.

How did it go yesterday?
On Friday, the price looked like it wanted to go down, and it actually did  until 1330 . After,  thanks to the macroeconomic news, EURUSD  went to the north pointing straight at the 1.1500 level.
Technical Analysis
Today the price has felt the brunt of the resistance area at 1.1500 and lowered the ridge until it was positioned to a more and close comfortable 1.1400 level. Today the price retraced the Weekly Pivot so the triad DWM is now  bullish. It is noteworthy to say that the DP has been tested already.
Plan the day
Currently our bias tends to be bullish due to  the triad DWM and the  1400 level support .
Significant economic news.
anything important for us.
Surfingthepips staff wishes you all a fruitful day.

Daniele Angellotti Certified Trader | SurfingThePips.com
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