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Complex Correction On EURUSD Points Lower

Discussion in 'Technical Analysis' started by Kaitlin, Oct 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    As we see on the chart, EURUSD fell sharply yesterday and closed beneath the channel support line connected from 1.0190 so we see market in bearish mode now, ideally at the start of an impulsive decline. As such, pair can be underway to 1.0910 June low and much lower after[​IMG]

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