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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Oct 16, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Near-term structure weakens, after repeated upside rejection and failure to close above 1.1473, Fibonacci 61.8% of 1.1712/1.1086 descend. Yesterday’s close in red, confirms hesitation, with the price sliding below 1.14 handle and threatening pivotal support zone at 1.1354/42, broken bull-channel resistance 13 Oct higher low. Pullback should be ideally[​IMG]

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