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Contracting Triangles On USD: A Pause Before Breakouts?

Discussion in 'Technical Analysis' started by Kaitlin, Mar 21, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD continued its bullish breakout to higher levels as part of an impulsive wave C (green). The resistance levels (red) and Fibonacci targets could be points on the chart where price could reverse.[​IMG]

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