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Massive Price Action Waves Shake Forex Market

Discussion in 'Technical Analysis' started by Kaitlin, Jun 6, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The EUR/USD showed a strong bullish bounce last week Friday. The bullish price action confirmed the development of an ABC correction (purple), which has completed a wave X (brown) at the 50% Fibonacci support level. The EUR/USD bullish momentum is very strong which makes a bullish continuation likely via an[​IMG]

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