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Gold •10 mins	1,783.30	+6.60	+0.37%
Platinum •10 mins	1,102.80	+6.70	+0.61%
WTI Crude •10 mins	73.08	-0.22	-0.30%
Gasoline •15 mins	2.270	-0.011	-0.49%
Ethanol •8 hours	2.480	+0.000	+0.00%
Silver •10 mins	26.27	+0.22	+0.84%

Silver • 10 mins	26.27	+0.22	+0.84%
Copper • 10 mins	4.318	+0.013	+0.29%
Brent Crude • 11 mins	75.34	-0.22	-0.29%
Natural Gas • 14 mins	3.437	+0.019	+0.56%
Heating Oil • 18 mins	2.161	-0.001	-0.05%

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EURUSD - Short-Term Reversal

By - Aug 24, 2016, 7:03 AM CDT

EUR/USD has reversed buying pressure to move near the low of its rising channel, yet uptrend remains strong. Key resistance is given at 1.1355 (23/08/2016 high) then 1.1428 (23/06/2016 high). Hourly support can be found at 1.1286 (rising channel). Expected to increase again.

In the longer term, the technical structure favours a very long-term bearish bias as long as resistance at 1.1714 (24/08/2015 high) holds. The pair is trading in range since the start of 2015. Strong support is given at 1.0458 (16/03/2015 low). However, the current technical structure since last December implies a gradual increase.

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