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EURUSD: Bears Could Push Price Lower

Discussion in 'Technical Analysis' started by Kaitlin, Oct 23, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    EURUSD was higher last week and it finally moved up to 1.1460-1.1500 area with subwave C) that represents final leg within a three wave recovery. As such, despite higher prices traders must be aware of a bearish continuation this week especially as decline from 1.1714 was made in five waves,[​IMG]

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