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EUR/USD, GBP/USD Fail To Break And Remain In Wave-2

Discussion in 'Technical Analysis' started by Kaitlin, Jul 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD did not break the support trend line (green) and is therefore still in a wave 2 (purple) retracement unless price breaks below the support (green) or above the 100% Fibonacci level and resistance (orange), which invalidates the wave 1-2.[​IMG]

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