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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Feb 16, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Euro stabilizes above yesterday's low at 1.1126, where Fibonacci 38.2% of 1.0709/1.1374 rally, also the lower boundary of strong 1.1160/20 support zone, contained two-day pullback. Consolidation remains capped by initial barrier at 1.1200 for now, however, attempt above and stretch to the breakpoint 1.1225, Fibonacci 38.2% of 1.1374/1.1126 downleg,[​IMG]

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