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Major Currency Pairs Initiate ABC Zigzag Corrections

Discussion in 'Technical Analysis' started by Kaitlin, Jan 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The EUR/USD remains in a narrow price range since the beginning of December. A bearish breakout below support (green) could see an expansion of wave X (brown) whereas a bullish breakout above resistance (orange) could see a continuation of wave C (purple).[​IMG]

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