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EUR/USD, USD/JPY Breakout Aiming For Fibonacci Targets

Discussion in 'Technical Analysis' started by Kaitlin, May 30, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The EUR/USD downtrend continues lower after making a retracement and breaking support (dotted green). A bearish 123 (purple) becomes more likely when price is able to break below the 161.8% Fibonacci target.[​IMG]

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