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Critical Support And Resistance Levels Visible In Forex Market

Discussion in 'Technical Analysis' started by Kaitlin, Sep 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    If the EUR/USD manages to break the resistance trend line (orange), then the Fibonacci levels of wave X (blue) are expected to stop price from moving much further. Only a break above the top (purple) would invalidate the larger consolidation zone marked as wave X (purple and blue). Overall it[​IMG]

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