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Major Forex Pairs Turn At Fibonacci And Break Support

Discussion in 'Technical Analysis' started by Kaitlin, Feb 29, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The EUR/USD broke the support trend line (green) and could be expanding the wave X (purple) correction. The wave count is vulnerable to change if price breaks below the 78.6% Fibonacci level.[​IMG]

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