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Break EURUSD Bear Flag & USDJPY Bull Flag

Discussion in 'Technical Analysis' started by Kaitlin, Nov 18, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD is heading lower and close to posting a new lower low within the downtrend, which is indicated by the downtrend channel (orange/blue). The EUR/USD broke the wave 4 support trend lines (dotted green) and could be in a wave 3 (purple) at the moment. Wave 1 was a[​IMG]

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