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Forex Market Pauses Ahead Of Brexit Or Bremain Vote

Discussion in 'Technical Analysis' started by Kaitlin, Jun 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD used the resistance trend line (red) to retrace back to the 61.8% Fibonacci level of wave X (blue) and the 1.1250 quarter level. Price could stay in between the support and resistance levels until the results of the British vote on Thursday June 23rd slowly become known.[​IMG]

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