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EUR/USD's ABC Zigzag, GBP/USD's Bear Flag Pattern

Discussion in 'Technical Analysis' started by Kaitlin, Jan 21, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The EUR/USD showed a bearish bounce at the resistance trend line (orange), which is the top zone of the correction. Price has now approached the bottom of wave A which is the 100% Fibonacci level.[​IMG]

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