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Forex Projections for the Week of May 1 – 5

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There are many factors that will impact currency pairing for the week.

EURUSD buyers managed to hold their ground last week after kicking things off with a 180 pip gap up. I normally don’t like to use so many levels of support and resistance, but as you can see from the chart below each one serves a purpose.  In fact, that statement could apply to the last two years of price action.

Weekly Forex Forecast (May 1 – 5, 2017) | Daily Price Action

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