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EUR/NOK price bounced out of the hourly cloud, base holding

Monday, April 20, 2015 12:54 PM UTC

Source: Thomson Reuters

EUR/NOK price looked like the perfect bear play until the bounce from the 8.3720 low
Pair now fighting the prospects of a bullish candle, bear picture damaged
Price also bounced out of the hourly cloud, the base holding
Close key, pair targets recent 8.3220 low

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EUR/NOK price bounced out of the hourly cloud, base holding

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