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Chart Patterns Dominate Weekly Start Of Forex Market

Discussion in 'Technical Analysis' started by Kaitlin, Nov 16, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD did try to break below the internal support trend line (green) but the breakout has been choppy so far. If break above the channel could see price hit Fibonacci resistance of wave 4 (brown). A break above the top (red) would change the current wave 4-5 (brown) structure.[​IMG]

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