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EURUSD Bearish Retracement Within Bullish Trend

Discussion in 'Technical Analysis' started by Kaitlin, Apr 4, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The EUR/USD is approaching horizontal resistance levels from the daily chart (red) around the psychological round level of 1.15. The recent bullish momentum is most likely a wave A (blue) of a bigger ABC zigzag.[​IMG]

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