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EUR/USD's Wave X, GBP/USD's Wave 4, USD/JPY's Wave B

Discussion in 'Technical Analysis' started by Kaitlin, Dec 21, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD seems to be in a larger correction (WXY). A move lower seems unlikely to break the Fibonacci levels of wave X (green). The EUR/USD bullish bounce has so far been slow. If price breaks below support (green), it could fall towards the next 61.8% or 78.6% Fib. If[​IMG]

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