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EUR/USD Starts Bullish Push But Strong Resistance Remains Crucial

Discussion in 'Technical Analysis' started by Kaitlin, Sep 15, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD is moving sideways in a larger consolidation zone between support (green) and resistance (orange). A break out below the support trend lines confirms the continuation of waves Y within wave d (green). The current Fibonacci levels should act as resistance.[​IMG]

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