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Major Currency Pairs Arrive At Invalidation Levels

Discussion in 'Technical Analysis' started by Kaitlin, Apr 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD is still showing choppy price action on this 4 hour chart. Price remains entrapped the support (green) and resistance (orange) trend lines. A bullish bounce seems most likely if price manages to stay above the 50% Fibonacci level. A push below the 50% Fibonacci retracement of wave X[​IMG]

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