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EUR/USD Bounces 400 Pips At Fibonacci Target

Discussion in 'Technical Analysis' started by Kaitlin, Mar 11, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD made a deep bearish retracement but eventually price did show a large 400 pip bullish bounce at the 100% Fibonacci level taking price from 1.0825 to 1.1225. A bullish continuation could see price expand towards the waves Y.[​IMG]

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