Daily analysis of major pairs for October 22, 2014



EUR/USD: The EUR/USD is now experiencing a pullback in the context of
an uptrend. The pullback may offer another opportunity to go long;
unless the price goes below the support line at 1.2700, which would
put the bullish outlook in jeopardy. With the continuation of the
bullish trend, the price could reach the resistance line at 1.2800
again.


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